Tender process for the construction of the Baneasa to Bucharest's City Airport Otopeni subway line
The European Investment Bank had expressed its sceptisism with regards to this project.
The Romanian Ministry of Transportation has recently declared a tender process for the construction of the subway line that will conect Baneasa to Bucharest's City Airport Otopeni.
According to sources familiar with local news agency Hotnews.ro, the European Investment Bank had expressed its sceptisism with regards to this project. Nevertheless, the Romanian government had made a decision.
The estimated cost of the project, including the design and the infrastructure works (without the trains), is estimated at €1.32 billion. The segment is not financed from the European Union's budget.
EIB's report unveils that the profitability of the project is far from an acceptable threshold, and the project at its current status has several other major disadvantages namely ...it has a huge cost, it competes with the current railway connection Gara de Nord-Airport and does not reach the planned new terminal at the Airport.