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    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



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


    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.


    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.


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


    Approved - 4/12/2002


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Hungary Transport