NS secures €450m loan for InterCity Next Generation trains

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NS unveiled a mock-up of its InterCity New Generation train back in October, 2017. The train is based on Alstom's Coradia Stream platform. Photo: NS.
NS unveiled a mock-up of its InterCity New Generation train back in October, 2017. The train is based on Alstom's Coradia Stream platform. Photo: NS.

The European Investment Bank (EIB) has agreed a loan for €450 million in support of state-owned operator Nederlandse Spoorwegen’s (NS) acquisition of new trains.

The investment is almost half of the around €955 million needed to procure the InterCity Next Generation (ICNG) trains.

NS awarded a contract to Alstom for the trains, which will come from its Coradia Stream platform, in 2016.

Passengers are expected to see the first of 79 new trains, which will operate on both the traditional and high-speed network, enter service in 2021. These trains will replace existing rolling stock.


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Photo: Alstom.
Photo: Alstom.

EIB vice-president Vazil Hudak, who is responsible for transport, said: “These new trains will be a welcome addition to the already excellent rail transport facilities that Dutch commuters and tourists from all over the world can enjoy on a daily basis.”

“The Bank is really proud to continue its relationship with the NS by providing support for the next generation of intercity trains that will soon be in action on the Dutch railway network.”

The new rolling stock will operate in configurations of five and eight cars, travelling at speeds of up to 200km/h on the Amsterdam-Rotterdam-Breda line and on the Den Haag-Eindhoven corridor in the Netherlands.


Read more: Work begins on Stadler’s new centre of excellence for double-deck trains


 

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