“As soon as possible, it’s a matter of weeks, the package for section 1 (Eroilor – Drumul Taberei – e.n.) of mainline 5 will be put up for auction. For section 2, Iancului-Pantelimon, we want to complete the task book and put it up for auction by the end of the year so works can start on this section in 2015,” Homor said at the ZF Construction & Infrastructure Summit ’14.

He added the start of works on the Eroilor-Iancului section will be delayed because it crosses the city center, which is a risky area due to old buildings.

“For the first section, we’re on schedule and it will be ready in the second half of 2016. Financing for the section currently under construction is not an issue,” said Homor, adding the funding is 85% covered by the EU.

Metrorex has scheduled investments of EUR900 million until 2020, EUR600 million of which will be European funds.