Bucharest Metro Line 4 Extension Feasibility Studies
Client: METROREX S.A.
Duration: November 2014 to August 2019
Project Summary
Transport Insights supported two feasibility studies to extend Bucharest Metro Line 4 (ML4) to the north (2014) and to the south (2017-2019) of City. Transport Insights led cost-benefit analysis (CBA) activities comprising economic and financial appraisal of the proposed schemes, in addition to supporting demand modelling activities and liaising with the European Investment Bank/ JASPERS in relation to the analytical approach pursued and requirements of prospective co-financing applications.
Key activities included development of a bespoke excel-based economic and financial appraisal model, including sensitivity and quantitative risk analysis capabilities, the appraisal of metro versus alternative investment scenarios, comparative assessment of the economic and financial performance of different route alignment options, detailed appraisal of the preferred alignment option, and producing a series of technical papers and CBA Reports throughout the projects.
Added Value Brought to Project
Transport Insights’ analytical outputs underpinned successful grant applications for extensions of ML4 to the north and south of Bucharest:
European / Romanian co-financing has been secured in relation to delivery of the southern extension (ca. 11 km from Gara de Nord to Gara Progresul/ 16 stations/ ca. €1.525 billion initial investment cost) and that project is currently (August 2025) at the tender stage.
The ML4 extension to the north of the City (ca. 1.6 km from Parc Bazilescu to Străulești/ 2 stations/ €199 million initial investment cost) opened in March 2017.
