• Jean Castex was in Toulouse on Monday to sign with SNCF-Réseau and 25 local authorities a memorandum of understanding on the financing of the Grand Sud-Ouest rail project.

  • The Prime Minister announced the start of work for early 2024, at best the end of 2023, and commissioning in 2032.

After years of waiting, the first groundbreaking for the future high-speed line between Toulouse and Bordeaux should be given in early 2024, with the first trains coming into service in 2032. "If we could make it so end of 2023 would be ideal.

We hope that the first trains will take this route in 2032. I remind you that if we had not taken things collectively in May, in the Mobility Orientation Law (LOM), it was marked five years later for the start of work and the first train should have run in 2037, ”recalled Jean Castex this Monday morning.

Alongside the financiers of @Occitanie and @NvelleAquitaine, with @al_rousset, we are anchoring this project in reality.

Since 2017, we have been working to remove the obstacles to the creation of the #GPSO.

In 2024, work will begin.

pic.twitter.com/eXz8QtcrLs

– Carole Delga (@CaroleDelga) March 14, 2022

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Traveling to Toulouse, the Prime Minister signed the financing plan for this infrastructure which should put the Pink City three hours from Paris and one hour from the Gironde capital.

An important step that follows the creation on March 2 of the Société du Grand projet Sud-Ouest, which will centralize the financing of local authorities and benefit from new tax resources, in particular the Special Equipment Tax.

It should generate 24 million euros per year and be paid by taxpayers subject to property taxes and housing taxes on second homes, whose property is located less than an hour from a station served by the LGV .

First stage

If the total amount of the Grand Sud-Ouest rail project (GPSO), which also includes the Bordeaux-Dax line, is estimated at 14 billion euros, the commitment made on Monday by the State, SNCF-Réseau and 25 local authorities concerns a first tranche of 5.6 billion euros.

The government has undertaken to finance 40% of this, on an equal basis with local authorities and 20% of the amount is expected from the European Union.

This first budget will enable the construction of the railway developments in the south of Bordeaux (AFSB) and those in the north of Toulouse (AFNT) to be launched.

These steps should make it possible to accelerate the deployment of the metropolitan RERs in Toulouse and Bordeaux.

Society

LGV Bordeaux - Toulouse: The financing officially completed according to the prefecture of Occitanie

Economy

LGV Bordeaux-Toulouse: Several associations denounce "risky" financing and threaten appeal

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