European Company for the Financing of Railroad Rolling Stock

(asked on 22nd October 2024) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, whether (a) Ministers and (b) officials in her Department have met with representatives of the European Company for the Financing of Railroad Rolling Stock (EUROFIMA).


Answered by
Simon Lightwood Portrait
Simon Lightwood
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 30th October 2024

My officials have been engaging regularly with Eurofima over the last two years to consider the potential for UK membership, and they continue to engage with them on this matter.

The Government is committed to developing a long-term industrial strategy for rolling stock, which supports British manufacturing and innovation and ultimately improves the offer for passengers. As part of this, my officials have been exploring the best financing structures to support this investment, in partnership with private finance, and this includes considering Eurofima finance.

Reticulating Splines