The Danish government and the municipalities
of Copenhagen and Frederiksberg concluded
an agreement for the construction Cityringen,
a circular subway consisting of a 17 stationline
around the capital.
This line will double
the number of stations of the current metro
network that has opened in 2002 and that
will also be extended by 4.5 kilometres to
serve the airport by 2007.
The stakeholders have estimated the cost of
the project at €2 billion. The construction
will be funded by the Danish State (25%),
the municipalities of Copenhagen and
Frederiksberg (25%) and the remainder
will come from operating revenues.
The
construction will be funded by the Danish
State (one third), the municipalities of
Copenhagen and Frederiksberg (one third)
and the remainder will come from operating
revenues. Works will begin in 2009 for a
completion in 2017.