City Council OKs upgrade of M3 metro
Budapest's City Council yesterday approved a proposal for a preliminary phase of reconstruction work on the capital's busy M3 metro line. The work on M3 will include upgrading the whole line and its extension towards the north. The proposal was backed by 29 of 30 local representatives yesterday.
Should the Budapest Transit Center (BKK) sign the design contract by July 8, the renovations can start this year. The project would be realized in the fiscal period of 2014-2020.
The upgrade is badly needed as the line has seen no upgrades in the last 35 years of operation and has a daily usage of approximately 540,000 passengers, more than the entire rail nework of Hungary. The wear on the line is beginning to show, and technical problems threaten the metro's operation and passenger safety.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
