Budapest Local Govt Plans To Renovate Chain Bridge

  • 20 May 2016 9:00 AM
Budapest Local Govt Plans To Renovate Chain Bridge
Budapest mayor István Tarlós has announced plans to renovate the city’s iconic Chain Bridge and remodel Blaha Lujza Square in central Budapest. Speaking at an AmCham event, Tarlós said the Buda Castle tunnel was also a contender for renovation and plans are to revamp the Cog-Wheel railway, extending it to Széll Kálmán Square in one direction and all the way to Normafa Hill in the other.

The Chain Bridge and tunnel reconstruction is estimated to cost 18 billion forints, the Blaha Lujza tér project 1.5 billion and the cog-wheel line extension some 23 billion, he said, adding that all projects would be carried out with a loan from the European Investment Bank which the government had approved. Another project on the list of EUsupported investments is one to build a new waste management and sludge incinerator works.

Passengers’ use of metro 4 is “not yet satisfactory” but this is expected to rise when parallel services are made less frequent, Tarlós said.

On the subject of a congestion charge in the city centre, he said its introduction was “inevitable”. “If we don’t introduce it by the end of 2017 there’ll be big trouble,” he added.

Republished with permission of Hungary Matters, MTI’s daily newsletter.

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