European Company for the Financing of Railroad Rolling Stock
The question
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
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.
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