Within the coming weeks, the project works of the Pink Line will commence, as well as the extension work for the Yellow Line, according to a statement by the company, which highlighted that this is the ongoing largest public investment in Portugal.
Once the legal formalities are observed, the new Pink Line will be part of the landscape of the four underground metro stations, extending circa three kilometres, and connecting S. Bento/Praça da Liberdade to Casa da Música, Hospital de Santo António, Super Bock Arena - Pavilhão Rosa Mota, the Centro Materno-Infantil, Praça da Galiza and the faculties at the Campo Alegre UP pole.
The investment required to realise this new project lines is estimated at 189 million euros, according to Metro do Porto.
The Pink Line is the way to "solve traffic jams in an area in the city that is absolutely crucial and that will become busier", as anticipated by Mayor Rui Moreira on occasion of the ceremony to launch the tender for that Line project.
Concurrently, the extension of the Yellow Line, stretches for three stations and circa three kilometres, which will link Santo Ovídio to Vila d'Este, in Vila Nova de Gaia, the production centre of RTP and the Hospital Santos Silva. This enterprise will cost circa 99 million euros.
These works will run from 2020 to 2023 and they have been awarded to the Portuguese and Spanish consortium ACA - Alberto Couto Alves, S.A. and Ferrovial Agroman, S.A.
The budgeted tender value was worth some 365 million euros, but the endeavour was awarded at the global amount of 288 million euros.
"Metro do Porto gets significant savings of 77 million euros, against reference values of both tenders and in a free market, responding positively and guaranteeing a reduction of 21 per cent", commends the company.