Metrorex to put up EUR 1 billion to link Otopeni with city subway
Underground operator Metrorex is planning to organize an auction to assign the works on the subway segment that will link Bucharest with Otopeni Airport, a EUR 1 billion investment, according to the company. The segment is 14 km long and the number of underground stations is estimated at 12 June 2012 - From the Print Edition
The work contract is due for completion within 60 months from the start. The financing for the investment will be supported through a foreign loan guaranteed by the state and also money from the state budget.
Meanwhile, in April, Metrorex said that the call for bids to carry out execution works on subway line 4, to link Parc Bazilescu, Laminorului and Lac Straulesti, had received five offers from companies and consortiums, for a contract worth around EUR 200 million. Bids came from the German company Hochtief, from FCC Construccion (Spain), the partnership between Somet, Astaldi (Italy), Tiab and UTI, a consortium formed by Max Bogl Romania, which includes Max Bogl and Delta ACM, and another consortium of Aktor (Greece), Euro Construct and Arcada.
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