The Grand Paris. Wednesday July 10, 2013
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1 The Grand Paris Wednesday July 10, 2013
2 A global project Aim of the Greater Paris Project The Greater Paris is an urban, social and economic project ( ) based on the construction of a new public transportation network (article 1 of the Grand Paris Act, June 3 rd 2010) Invest in a new automatic fast metro network that will change the daily life of inhabitants Organize a unified metropolitan district with several interconnected areas and create a larger labour market Connect the Greater Paris to the harbours, airports, high-speed trains and all other major transport infrastructures Build new housing each year, mostly in areas that will benefit from a new attractivity thanks to the stations of the Grand Paris metro network Encourage sustainable development 2 Develop powerful clusters with strong technological and business identities
3 3 18/11/201 1
4 4 The Greater Paris Project
5 The Greater Paris Project Key figures 60 KPH Revenu speed, twice as fast as the current network 25 BILLION Investment for the Grand Paris Express UP TO 2 MILLION Passengers every day 85 SECONDS 85 seconds at best 72 STATIONS Which will play a key role in urban strategy 15 % Of people will no longer travel by car KM Of new fully automatic metro lines
6 The Greater Paris Project Nearer, Faster Estimated time transport on the network (morning peak time): Saint-Denis Pleyel > Orly: 37 minutes vs 50 mn today Gennevilliers > Pont de Sèvres: 18 minutes vs 45 mn today Noisy-Champs > Châtillon-Montrouge: 30 minutes vs 55 mn today Noisy-Champs > Villejuif IGR: 21 minutes vs 1h05 today Aéroport d Orly > Fort d Issy: 25 minutes vs 55 mn today Pont de Sèvres > Roissy: 47 minutes vs 1h12 today Saclay > Paris: 32 minutes vs 50 mn today 6
7 A new automatic transport service Focus on the first section to be built Vitry : SMI Champigny : PCC et SMR 7 16 stations 22 suburban cities 4 departments (92,94,93,77) 33 km of line to passengers per hour at peak time to passengers per day
8 The Greater Paris Project Timeline Act of Grand Paris: The law of June 3 rd The new Grand Paris: Mars 6 th Conclusion of the public debate Overall plan: August 26 th Public inquiries Operation starting of the first section Operation of the entire network 8 2 public debates: Grand Paris Metro Arc Express participants 79 meetings Design and first preparatory works Construction
9 The Société du Grand Paris The main objective: design and build the network The main mission: «to design and elaborate the master plan and infrastructure projects composing the public transportation network of the Greater Paris and to manage its realization» To assist State representatives in Paris region in their mission of preparing and planning CDT s (territorial development contracts) To manage planning or building operations Within the territory development contracts Within a 400 meters radius around stations 9
10 What could be built around? Preliminary data Construction may differ from the perspective 10
11 National Growth benefits «When Paris Region is going well, France is going better». (Jean-Marc Ayrault, April 2013) jobs created on top of the regional trend, just due to the impact of the new transport scheme. Enhance the attractive potential of Paris region for foreign companies Support the development of tourism and international events Give worldwide visibility so strategic territories and connect the most important clusters to each other and to the center of Paris. 11
12 Financing Long-lasting revenues to face annual repayments of the debt: Funding from the state and local authorities Dedicated fiscal revenues each year Usage fee Revenues from the rise in value of real estate project Commercial revenues in the stations 12
13 How and when to do business with Societe du Grand Paris For companies o 32 billion of public investment in public transport including the Grand Paris network and the region s mobilisation plan for transport. o Société du Grand Paris signed over 350 contracts in its first 2 years of existence Every foreign know-how and skills are welcome! 13 For investors o Bond issue for the new metro construction; o Commercial activities in and around the station; o Real estate: 150 million square meters to be built in the coming years.
14 Thank you for your attention For more information and follow up of the project progress, go to: 14
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