Final decision has been made on the renovation of Budapest Chain Bridge!

Besides other infrastructural developments in the Hungarian capital, the Budapest Council of Public Developments discussed the future plans regarding the renovation of Chain Bridge. Within the framework of the meeting attended by Minister Gergely Gulyás and Mayor Gergely Karácsony, financing issues were also discussed.

Chain Bridge

Undoubtedly, one of the most critical issues was the renovation of the Chain Bridge.

Concerning this question, it has been clarified in what way the government would give the promised EUR 16.4 million (~HUF 6 billion) for the renovation of Budapest’s iconic bridge.

This can be realised if the capital agrees that the bridge will not be closed for more than 18 months and the money will be transferred when only that amount is missing. Presumably, this can be expected in 2022 at the earliest.

Construction of new tram line

Within the framework of the meeting, it has been discussed that the government will finance the new tram line along the quay section of Budapest University of Technology and Economics. Such public transport developments are essential due to the construction of BudaPart district next to the Kopaszi Dam, as well as the future Mol-campus, which will also be located there, providing places of residence and workplace for tens of thousands of people.

• Read also: Public procurement for Chain Bridge revamp hoped to get green light next week