Budapest plans four large-scale public transport projects

Budapest plans four large-scale public transport projects

The municipality of Budapest and the Budapest Transport Centre (BKK) have started preparing four large-scale public transport projects in Budapest with the intention of tapping EU funding in the budgetary period starting in 2014, the city’s mayor told a news conference on Wednesday.

The four preferential projects include upgrading and possibly extending the M1 underground line, drafting a concept for the development of the tram and trolley bus services, connecting the M2 metro line-suburban railway HEV to Godollo and extending the southern section of a planned north-south suburban rapid rail line to the downtown Astoria metro station, Istvan Tarlos said.

BKK director general DavidVitezy estimated the total cost of the four projects at 700 000 000 000 – 800 000 000 000 forints (2 500 000 000 – 2 800 000 000 euros) but he could not confirm the exact amount available from the EU’s budgetary post-2014 budget.

 

Source: http://www.caboodle.hu/nc/news/news_archive/single_page/?tx_ttnews%5Btt_news%5D=9848