V0 Budapest Bypass Railway (Construction)

Locations

Type

Rail

Status

Announced/Under Negotiation

Total Reported Cost

1.2 billion EUR

Initiatives

Start Date

2013

Start of Construction

Planned Completion Date

Contractors

Consultants

Implementers

Operators

Funders

Source(s) Amount
None USD
None USD
None USD
None USD
None USD

Description

The primary objective of this bypass is to diminish cargo traffic through Budapest, a fact that excludes the project from certain EU funding sources ("Connecting European Facilities" Transportation Development Fund) due to its domestic focus. The project's acceptance of Chinese funding and construction is somewhat contentious, as China has not allowed mutual investment in the construction of Chinese railways.