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Société du Grand Paris Journées Ile-de-France Europe 2015, 7 e édition 21th october, Bruxelles Julien SENEZE, CFO 1.

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Presentation on theme: "Société du Grand Paris Journées Ile-de-France Europe 2015, 7 e édition 21th october, Bruxelles Julien SENEZE, CFO 1."— Presentation transcript:

1 Société du Grand Paris Journées Ile-de-France Europe 2015, 7 e édition 21th october, Bruxelles Julien SENEZE, CFO 1

2 < Greater Paris: the largest metropolis in Europe 2 11.7 million inhabitants 5.7 million jobs

3 <3 Grand Paris Express metro

4 <4 From the monocentric city…

5 <5 … to the multipolar metropolis

6 <6 ~ € 25 billion investment 4 new lines and 2 extended existing lines 68 stations with a key role in urban strategy Over 200 km of new fully automatic metro lines, 80% underground Up to 3 million passengers per day Over 60 km per hour of average speed. Up to one train every 90 seconds Less cars on the road : Over 15% of the people using the future metro would have been car users Connections with almost every existing train and metro lines Connection to 3 international airports and international rail Fully built by 2030 Grand Paris Express key figures

7 <7 SGP: a dedicated company with adapted skills Building owner of Grand Paris Express, in charge of designing, making and financing the network A state-owned company A governance that emphasizes political consensus with a supervisory board, an executive board and a strategic committee One steering committee for each and every station Partnership with every key player involved in the Grand Paris project

8 <8 Société du Grand Paris - Financing Long-lasting revenues to cover annual debt repayments – up to ~ €30bn  Dedicated fiscal revenues each year  Usage fees  Commercial revenues in the stations Funding from the State and local authorities European subsidy : CEF 2014 granted as a « Urban node »

9 TITRE DE LA PRÉSENTATION Ce document est la propriété de la Société du Grand Paris. Toute diffusion ou reproduction intégrale ou partielle faite sans l’autorisation préalable et écrite de la Société du Grand Paris est interdite. CONFIDENTIALITÉ < Grand Paris Express financing Redemption of loan + interest Design and production Infrastructure of Grand Paris Express Metro commissioning Earmarked taxes Loans (EIB, CDC, bonds) Royalties Additional revenue (advertising, shops, …) Government grants + European grant

10 TITRE DE LA PRÉSENTATION Ce document est la propriété de la Société du Grand Paris. Toute diffusion ou reproduction intégrale ou partielle faite sans l’autorisation préalable et écrite de la Société du Grand Paris est interdite. CONFIDENTIALITÉ < Loans C1 10 First loans: EIB: €1bn, to be signed by the end of the year Caisse des Dépôts: €1bn, signed Summer 2015 Rating to come in 2016 A large playground for years to come

11 < ARMIS : Air Rail rapid Metro Interconnexion System - key dates of the application (CEF) End of 2013 / beginning 2014 : eligibility check of GPE to CEF, coordination with national authorities 26.03.2014 : Commission implementing decision establishing a multi annual work program 2014 for financial assistance in the field of CEF – transport sector for 2014- 2020 April / May 2014 : definition and validation of the action plan May / August 2014 : presentation of the action plan to national authorities (11.08.2014 : letter of intent) August / December 2014 : writing of the application form January / February 2015 : translation ; filling of the e-submission form (Tentec) 25.02.2015: Application filed to INEA 11

12 < Grand Paris Express: an urban node project by essence Criteria used to define the proposed action: 1 - Lines that interconnect with the TEN-T: lines 14, 17 and 18 connecting to airports (Roissy, Orly, Le Bourget) and international rail (Gare de Lyon, Massy TGV) 2 – Schedule for the 2014-2020 period: Preliminary Design Studies (PDS) for the will be completed before the end of 2017 3 – Overall consistency of the proposed action: same level of studies for each line, same objective : Preliminary design file for each line 4 – Significant amount: 62 million Euros for 31 million Euros subsidies requested 5 – Adminstrative and financial follow-up simplified thanks to clearly targeted and defined contracts 12 C1C1

13 < 13 Lines in scope of the study programme

14 < European perspectives for the project The 10th of july, European Commission awarded 32 million Euros for ARMIS project The grant agreement will be signed before the 5th of december The Commission’s decision is an incentive to develop our European strategy The Société du Grand Paris will be monitoring closely the Commission’s future initiatives. 14

15 Société du Grand Paris Journées Ile-de-France Europe 2015, 7 e édition 21th october, Bruxelles Julien SENEZE, CFO 15


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