Bucharest Metro Line 2 Renewal Programme

Client: METROREX S.A./ European Investment Bank
Duration: September 2014 to March 2022

Project Summary

Transport Insights was initially commissioned by METROREX S.A. in September 2014 to provide pre-feasibility demand forecasting and cost-benefit analysis (CBA) support to a renewal programme on Bucharest’s metro network. Further support was also provided to METROREX S.A. in 2018 and to the European Investment Bank in 2021/2022 in relation to revised proposed schemes. The renewal programme comprised extensive infrastructural and rolling stock enhancements on Metro Line 2 (ML2), which carries the largest number of passengers on all Bucharest’s metro lines, with existing rolling stock to be re-assigned to other parts of metro network.

Key activities included developing a bespoke demand forecasting approach and undertaking passenger demand forecasting, operational cost estimation, advising on project implementation strategy, and undertaking CBA. Transport Insights also liaised with the European Investment Bank/ JASPERS in relation to the analytical approach pursued and requirements of the prospective co-financing application.

Added Value Brought to Project

Transport Insights’ analytical outputs informed the selection of the preferred project implementation strategy. Project deliverables produced in December 2018, namely the Transport Demand Forecasting Report and CBA Report, supported a successful European Commission grant application for the ca. €267 million renewal programme’s delivery.

background image: Cristi2555 at English Wikipedia, CC BY-SA 3.0