The Budapest Public Transportation Business (BKV) on Tuesday explained it signed a memorandum of comprehending with Austrian-owned Swietelsky Vasúttechnika enabling the renovation of the center section of the capital’s selection 3 metro line to shift ahead, according to a report by state news wire MTI.

Beneath the MoU, the venture value will increase by up to HUF 9.5 billion around the HUF 48 bln in the deal signed in 2017.

The center section is envisioned to re-open up in January 2023, in line with the timing for accounting European Union funding made use of for the challenge.

The northern and southern sections of the line ended up renovated earlier.


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