China Railway International Group (CRIG) is said to have finished a preliminary feasibility study for the fourth metro line in Kiev, Ukraine, reported to cost $2bn.
On Thursday 8 November, the deputy head of the Kiev City Administration, Dmytro Davtyan, wrote on his Facebook page that he had met with CRIG’s leadership, and received a letter from the head of CRIG’s board confirming the study was complete, Ukraine’s Interfax news agency reported.
This followed an earlier statement by Kiev mayor Vitali Klitschko, saying that construction of the fourth line would start after the completion of the Podilsko-Voskresensky Bridge, and would last five years, said Interfax.
The line’s cost is estimated at $2 billion, said the agency, adding that Chinese lenders would provide 85% of the project’s cost.
In November last year, CRIG and the privately owned China Pacific Construction Group (CPCG) signed a cooperation agreement with the city to build the line.
The project would involve building a 20km line from the densely populated Troyeshchyna district on the east bank of the Dnieper River to the centre of Kiev on the west bank. It would have 13 stations, and is aimed at cutting congestion on the Moskovskyi Bridge.
Image: Kiev’s Minska metro station, 2011 (Â©AMY/Wikimedia Commons/CC BY-SA 3.0)