Showing posts with label Dublin Metro. Show all posts
Showing posts with label Dublin Metro. Show all posts

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. 
Read the full article @ The Irish Times