Romania takes out EUR 315 mln Japanese financing for airport tube line

The EUR 315 million Japanese loan which will fund the construction of the Bucharest-Henri Coanda airport underground link has been agreed by Romanian government representatives and their Japanese counterparts during a visit to Tokyo. Romanian president Traian Basescu and Japanese PM Yukio Hatoyama attended the meeting, while the contract was signed by finance minister Sebastian Vladescu and Japan International Cooperation Agency president Sadako Ogata.

The line will connect downtown Bucharest to the international airport, providing a much needed alternative to driving through the crowded city center. The solution should alleviate traffic congestion in the capital and reduce air pollution, according to the Transport Ministry.

The new metro line will require EUR 1 billion of investment in total. Works are expected to last six years. The 16km link will be entirely underground, with 19 stops and a depot. Some 21 trains will run on the new route, which could transport 50,000 people an hour each way.

Corina Saceanu

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