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Saturday, 24 March 2018
Metro economic value to exceed construction cost of up to €4bn
The new Dublin Metro will cost between €3 billion and €4 billion but will deliver a much higher level of economic benefits, according to a cost/benefit analysis undertaken on the project. The analysis, undertaken by French engineering and consultancy company Systra – and just published on the MetroLink site – estimates the benefits of the investment would be between 2.4 and three times the cost, mainly due to savings on passenger journey times. However a leading economist has cautioned that the scale of the benefits depends crucially on population growth along the planned route.