The new subway line will span over 14 kilometers and will be put in use in 2017-2018. The contract is estimated at EUR1.05 billion, VAT not included, and works on the resistance structure are estimated to take 60 months.
“The investment is envisaged at around EUR1 billion and financing will be covered from a state-guaranteed foreign loan and state budget funds,” Metrorex said in a press release Tuesday.
Auction procedures are set for September 3.
In December 2011, Metrorex signed a EUR66.6 million consulting contract with a Japanese-Romanian-French consortium to build its sixth mainline. The consortium includes companies Padeco (Japan), Oriental Consultants (Japan), Metroul SA Romania, Seneca Group International and Systra (France).