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Thessaloniki Metro [Micra - Airport]

Greece
Stage 3: Start of Project Feasibility / Business Case
Stage 3: Start of Project Feasibility / Business Case
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SECTOR
Transport  >  Airport
TYPE
Greenfield
VALUE
450.6 M USD
PROJECT LOCATION (E.G. MAJOR GEOGRAPHIC REFERENCE)
Thessaloniki Kentriki Makedonia (Central Macedonia) Greece 
OPPORTUNITY FOR PRIVATE SECTOR INVOLVEMENT
LAST UPDATED
Q2 2019
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Project data uploaded by:
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Project Description
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.
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Project stage info
Stage 1: Initial Government Announcement
Completed
Stage 2: Project Investigation
Completed
Stage 3: Start of Project Feasibility / Business Case
Completed
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