Budapest – Metro Line 2 – M2 Rolling Stock

Promoter – Financial Intermediary

• Municipality of Budapest - Project Implementation Unit
  Office of the Mayor, 1052- Budapest, Városház utca 9-11. Hungary
  Mr. Dénes SIKLÓSI, Head of Project Implementation Unit
  Tel.: +36 (1) 327 1066
• Budapest Transport Limited (BKV Rt.)
  H-1980 Budapest, POB 11. Hungary
  Mr. Zoltán DONÁTH, Deputy General Director
  Tel.: +36 (1) 461 6653

Location

• Hungary

Description

The project comprises BKV’s purchase of 22 new metro trains to operate on the existing metro line 2 (M2) and the upgrading of an existing depot. The new rolling stock will replace obsolete Russian type rolling stock, which is up to 35 years old.

Objectives

The Budapest Public Transport Company (BKV) decided to buy new rolling stock to match the asset life of the currently rehabilitated infrastructure for M2, which will have an economic life of around 35 years after completion. The new vehicles will have a higher passenger comfort and energy efficiency.

Sector(s)

• Transport

Proposed EIB finance (Approximate amount)

Approximately up to EUR 85 million.

Total cost (Approximate amount)

Approximately up to EUR 174 million.

Environmental aspects

The construction of the new train sets will take place in the manufacturer's plants and is not covered by Annex I or II of EU Directive 97/11/EC. BKV has the intention of obtaining the ISO 9002 certification for operation of its metro lines and supports a sustainable environmental protection policy. BKV is also committed to continue improvements in environmental management and to achieve accreditation to the ISO 14001 standard in the near future. Overall the project will have a positive effect on the environment.

Procurement

BKV is an organisation that is subject to EU public procurement directives. As required by these Directives, the tender notice for pre-qualification was published in the EU Official Journal (OJEU) on 06/06/2005.

Status

Signed - 19/06/2006