France Plans €100 Billion Investment in Rail Travel by 2040

Commuters at Montparnasse railway station in Paris

Photographer: Christophe Morin/Bloomberg
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France plans to strengthen its rail network with an investment of around €100 billion ($106 billion) in train travel by 2040, Prime Minister Elisabeth Borne said on Friday.

The project, which aims to modernize and expand the country’s aging rail network, will include money from state-owned train operator SNCF, the European Union and local governments, Borne said.