Metro line 4 opens in Budapest
After nine years and a run of bureaucratic and/or political snags truly epic in scale from the planning stages first begun in the 1990s, the long-awaited Metro line no. 4 was inaugurated this morning by Prime Minister Viktor Orbán and Budapest Mayor István Tarlós. The line is expected to be opened to the public at noon today and will be free to ride through Saturday.
The train runs 7.3 kilometers from Keleti to Kelenföld train stations, with stops at II. János Pál papa tér, Rákóczi tér, Kálvin tér, Fővám tér, Szent Gellért tér, Móricz Zsigmond körtér (a stop this longtime resident of Budapest can say has been needed for some time), Újbuda-központ and Bikás Park.
After plans were put on hold in the early 2000s, financing was approved for the project in 2004. By 2010, all tunnel work (undertaken by a joint venture of Austria-based Strabag and France-based Vinci Construction) had been completed. Government statistics had put total costs of the project at HUF 452.5 billion as of mid-2012.
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.