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Budapest Wraps up Metro 3 Renovation

City

Budapest Mayor Gergely Karácsony speaking at the inauguration of the renovated Nagyvárad tér metro station.

Photo by MTI/Márton Mónus

The city of Budapest wound up a HUF 225 billion project to renovate the number 3 metro line on Monday, according to a report by state news wire MTI.

The inauguration of the Nagyvárad tér and Lehel tér metro stations brought an end to the five-and-a-half-year project, supported by HUF 172.7 bln of European Union funding and HUF 44.8 bln of state co-financing.

Mayor Gergely Karácsony acknowledged the involvement of the central government and the EU in realizing the renovation. He also thanked local residents for their patience.

Regional Development Minister Tibor Navracsics said the project was the "tangible embodiment" of cooperation between the central government, the municipal council, and the EU.

The number 3 metro is the busiest rail line in the country, carrying over half a million passengers a day, Budapest Public Transport Center (BKK) CEO Katalin Walter said.

European Commission Head of Unit Agnes Monfret noted that the Metro 3 renovation was the biggest EU-support project during the 2014-2020 funding period.

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