The proposals are part of the wider North West Multi-Modal Transport Hub project.
The project will promote cross-border intermodal and sustainable mobility in the North-West region, which will assist residents and visitors to move away from car journeys towards active and sustainable travel through walking, cycling and using public transport.
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Plans include the development of a new Multimodal Transport Hub on the site of the former Waterside Railway Station at an estimated total cost of €33.39 million of which DFI are seeking support from SEUPB of €20m.
Director of Environment and Regeneration with Derry City and Strabane District Council Karen Phillips said: "Council is the lead partner in developing the connectivity element of the project which aims to develop a new greenway link from the Multimodal Hub into the existing Urban Greenway Network along the river to the Peace Bridge."
(CD/LM)
