Funding for Bordeaux-Toulouse High Speed Line Project officially curly

Ecologists and environmental associations are opposed to the project. Communities were slow to gather the necessary funding.

Le Monde with AFP

The financing of the high-speed line (LGV) Bordeaux-Toulouse, which must put in 2030 the fourth city of France at three o’clock in Paris, was officially curly, announced on Saturday 19 February the Prefecture of Occitanie.

“The 24 communities have validated the entire financing plan,” said the prefecture, adding that “now the financing company will be able to create”.

The creation of this company must intervene before 23 April, the date fixed by the law of guidance for mobility (LOM), had recalled Friday in a statement Etienne Guyot, prefect coordinator of the project and prefect of Occitania.

According to the New-Aquitaine region, this funding plan, which is very criticized locally by ecologist elected officials and a dozen environmental associations opposed to the project, must be forwarded on February 22 to the Council of State, before a review in Council Ministers in March.

Refusal of communities to participate in the project

“From now, all the seers are green to make concrete progress towards the creation of the project company by April, with the perspective of starting the work in 2024 as the Prime Minister [Jean Castex] has just been Engage “rejoiced the President of the Occitanie Region, Carole Delga.

The cost of the LGV project is estimated at 14.3 billion euros, with funding provided for 40% by the State, 40% by local authorities of Occitania and New Aquitaine and 20% by The European Union.

If Occitania communities had been agreed up to bring up 2.2 billion euros of net contributions, those of New Aquitaine were slow to bring together the total of 1.7 billion euros. requested.

In early February, the region had unlocked an additional contribution of 225.6 million euros to overcome the refusal of the Basque Country agglomeration community and the departments of Lot-et-Garonne and Gironde to participate in the project. The Pyrénées-Atlantiques and the agglomeration of Dax (Landes) have for their part initiated a lower than expected participation – 12.8 million euros for the latter, or 10 million less than it originally requested.

Currently, the Paris-Bordeaux (550 kilometers) in TGV is about two hours, and the Bordeaux-Toulouse route (240 kilometers) also lasts two hours. The latter would be divided by two with the extension of the LGV. The second phase of the great Southwest Project (GPSO) provides for an extension of the LGV line from the southern Gironde to Dax.

/Media reports.