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Budapest' Metro Line 4 (M4) Construction - AFI

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Budapest' Metro Line 4 (M4) Construction - AFI

  •  Reference: 20020411
  •  Release date: 28 October 2002
Promoter – Financial Intermediary

Municipality of Budapest
Office of the Mayor
Attn. Mr. Attila PÓCS
Counsellor, Head of Project Implementation Unit
Városház u. 9 - 11
H-1364 Budapest
POB. 1
Tel. +361 327 1066

Location
  • Hungary
  • Budapest
Description

Financing of
(i) two construction sections and
(ii) purchase of train sets for a new Metro Line 4 (M4) in Budapest.

Objectives

To improve the urban transport network of Budapest by providing the first metro crossing of the Danube between South Buda and the Pest side of the city, thereby relieving pressure on the road bridges and the tram crossings.

Comments
 
Sector(s)
  • Transport
Proposed EIB finance (Approximate amount)

Up to EUR 875 million

Total cost (Approximate amount)

Approximately EUR 1.167 million

Environmental aspects

Under Hungarian environmental law a Preliminary Environmental Impact Study must be submitted to the Environmental Protection Authority who decide if a detailed EIA is required. Particular care is being given to considering the project's potential effect on a thermal spring used for medical and tourist purposes, noise impacts and alignment. Detailed studies investigating these potential impacts have been submitted and a decision by the appropriate authorities is expected by the end of 2002.

Procurement

The principal supply and construction contracts will be let by open or restricted procedures with prior publication in the OJEC.

Status

Approved   -   04/12/2002.


Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).



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