MÁV considering PPP schemes
Wednesday, June 22, 2005, 10:59
State-owned Hungarian railway company MÁV Rt is considering using Public Private Partnership (PPP) schemes to build a rapid rail line between Budapest's Ferihegy airport and the city center, renovate the capital's Kelenföld train station and convert a stretch of tracks in NW Hungary to an electrified rail line, daily Magyar Hírlap reported. MÁV could call tenders for the projects next year and start work in 2007, Tamás Kozák, MÁV's deputy-CEO in charge of strategy, said yesterday. He could not estimate the value of the projects, and added that all three are still in the planning stages; feasibility studies have just started.