The European Investment Bank has under appraisal a EUR 150 million loan for Zhengzhou City Rail Transport Co Ltd for the construction of metro Line 4. The total value of the project is EUR 2.3 billion and involves a 30-km underground North-South corridor with 27 stations.
The project will contribute to the development of social and economic infrastructure, making a key contribution to urban development and improving the business environment for private sector development, thereby facilitating access to amenities and jobs. The project is expected to generate savings in user time, vehicle operating costs, road accident costs and local air/noise emissions. The complete economic case for the project, expected to be strong, will be assessed during appraisal in detail.
Line 4 will be a completely underground line, in a “Z” shape.
Last year, the city inaugurated its metro Line 2 connecting Liuzhuang (in north) with Nansihuan (in south) and has an interchange station with Line 1. The 20.7 km route of Line 2 is underground and 3.4 km with two stations are on elevated alignment.
According to the plans, the city will have a metro network formed by 14 lines.
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