The departmental council has voted for a maximum contribution of € 633 million for the construction of the high-speed line (LGV) between Bordeaux and Toulouse. The community becomes the second financier of the major railway project.
The communities of Occitanie confirm their participation in the financing of the high-speed line (LGV) between Bordeaux and Toulouse. On October 14, it was the Toulouse Metropolitan Council which approved the financing plan by majority and “without reservation”. Its contribution amounts to € 616 million for the entire Grand Projet Sud-Ouest (GPSO,) Bordeaux-Toulouse project, as well as Bordeaux-Dax. Last Thursday, October 21, it was the regional assembly which pledged to mobilize 41% from the communities, or 1.3 billion euros during a plenary assembly.
This Tuesday, it was the turn of the Haute-Garonne Departmental Council to vote for a contribution of a maximum amount of € 618.73 million for the Toulouse-Bordeaux part and € 14.30 million for the Bordeaux-Dax axis, i.e. a total of € 633 million. The Haute-Garonne department thus becomes the second largest financier of the LGV (25.1%) behind the Occitanie region (41%) but ahead of the Toulouse metropolis (20.6%). “I am delighted with the significant progress of this national-scale project, which will place the fourth city in France to the rank of European capital, with finally possible interconnection between Northern and Eastern Europe and Europe. of the South, but also with the whole Mediterranean arc ”reacted Georges Méric, the president of the departmental council of Haute-Garonne.
2.98 billion for the communities of Occitanie
The overall Bordeaux-Toulouse LGV project is estimated at 10.3 billion euros. The State has undertaken to finance 40% (4.1 billion) at par with the local authorities of Nouvelle Aquitaine and Occitanie. European credits will be mobilized for the remaining 20%. This means a bill of 2.98 billion euros to be shared between the communities of Occitania. It now remains for the other regional authorities (Hautes-Pyrénées, Tarn-et-Garonne, Tarn, Grand Montauban, Muretain, etc.) to position themselves financially.