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Over EUR 40 million funding for continuing works on Bucharest metro lines 4 and 6

Metrorex

Over EUR 40 million funding for continuing works on Bucharest metro lines 4 and 6
April 29
21:09 2015

Bucharest underground operator, Metrorex will receive this year RON 188.5 million (EUR 42.7 million) for two infrastructure investment projects. The money will be obtained from the greenhouse gas emission allowances trading.

Metrorex will allocate an amount of RON 150 million (EUR 34 million) for resuming construction works on Metro Line 4, sections Nicolae Grigorescu II - Anghel Saligny, Parc Bazilescu - Lac Straulesti.

An amount of RON 38.5 million (EUR 8.7 million) will be allocated for the design, consultancy and technical assistance to launch the procurement procedures for stations and tunnels structure constructions works on Line 6, Gara de Nord train station – Henri Coandă Otopeni Airport connection. The deadline for commissioning the works is 2020, when Romania will host four games of the European Football Championship.

Metrorex SA is the state-owned joint-stock company, under the authority of the Ministry of Transportation, operating the underground transport in Bucharest. The company manages a network of approximately 70 km, structured on four metro lines, 51 metro stations and four depots. Metrorex operates over 60 metro trains/day and carries over 650,000 passengers/day.

The underground transport has a market share of 22% of the total public transport journeys, though it only covers 4% of the total public transport network. In order to increase the coverage of its network and also capacity, the company focuses on expanding and modernising its network and enlarging its rolling stock fleet.

The investments planned for next years will increase Metreorex network to 100 km of double line and 90 stations and could lead to increasing the number of passengers to 260 million by 2020.

 

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