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> Economy

PM Mitsotakis signs contract for €1.2 billion Athens Metro Line 4 project

It is estimated to carry 340,000 passengers per day

Newsroom June 23 09:32

“Let us have no doubt that this project is so important that it will cause a lot of disturbance in neighbourhoods of Athens and we will need the help of the municipalities,” PM Kyriakos Mitsotakis said yesterday during the signing ceremony of the contract for the construction of metro line 4.

His statements were aimed at opposition parties but also the local reactions in Exarchia and Kolonaki that have indicated they would be protesting the construction of line 4.

The project, which will include 15 new stations and shorten the distance from Galatsi to Goudi, is one step ahead of the start-up phase, despite the fact that it is estimated that it will take at least another year to start the main construction.

Welcoming the signing between “Attiko Metro SA” and the “J&P Avax SA – Ghella SpA – Alstom Transport S.A” group of companies, the PM noted, “I am happy that we will sign a contract for the largest public project that will take place in our country.”

In total, it is estimated to carry 340,000 passengers per day, while car travel is expected to decrease by approximately 53,000 per day and carbon dioxide emissions are estimated to decrease by 318 tons/day.

The colossal project will cost €1.2 billion and is estimated to take 8 years (with the most optimistic plan) for completion.

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