The proposed investment project involves the design, the construction and the financing of the east extension of Thessaloniki Metro from the Micra station in Kalamaria to the Airport, 5,5 km long, with 4 new stations (Sxoli Polemou, IKEA, Komvos Thermis, Airport). The Designs are in preliminary stage. Multiple scenarios are being examined including operation, maintenance and exploitation.
The project cost breaks down: CW: €260m (60%), E/M systems: €100m (27%), Rolling stock: €40m (13%). The project duration is estimated at 4 years.
The proposed business model is that of a PPP. During the operational phase, the project revenues will come from ticket sales, advertising, parking fees from transfer stations, other commercial activities, as well as availability payments by the state.
Ministry of infrastructure, Transport and Networks Greece
Form of project announcement
This project will contribute to the local urban development, the decongestion of the city center and to the reduction of the environmental pollution. In addition, it will offer a direct connection of the airport passengers with the center of Thessaloniki.
More precisely, the proposed investment project contributes: to the continuous integration of transport infrastructure and transport policy development, promotes European Infrastructure Standards, optimizes accessibility facilities, strengthens Interconnection and Regional Integration, addresses the functioning city including peri-urban zones, contributes at ensuring full cooperation on infrastructure interoperability, contributes catching up delayed reform, restructuring and modernization of the transport sector, making clear the interconnection with stations and airports of the TEN-T (last mile connections), should involve all relevant actors, notably Member State authorities, regional and local authorities, the industry and the business community.
Indicative timetable of project development
The project is currently in the structuring stage.
Expected start of the project: 01.09.2019
There are no Project documents available at this time
Project looking for additional PPF assistance
Project looking for additional MDB assistance
Is project multi jurisdictional?
Stage 2: Project Investigation
450.6 M USD 400 M EUR
Indicative Funding Source
Have any external advisors been appointed yet
Is the project contained in national/sub national infrastructure plan or strategy
Please outline any studies (for example environmental, engineering etc.) that will be completed prior to a full business case development