Railway · Turkey

What is the approved budget of İzmir Metro M2 (Buca Metro)?

The M2 of the Izmir Metro, also called the Ucyol-Buca line (Izmir Metro Project III), is the 13.5 km underground line with 11 stations and 6 km of depot access tunnels from the central districts of Konak and Karabaglar to Buca in Izmir, Turkey, expected to carry about 350,000 passengers a day, whose construction started on 14 February 2022 and which Wikipedia expects to enter service in late 2027. The European Bank for Reconstruction and Development lists a total project cost of EUR 652 million, with an EBRD loan of EUR 125 million approved on 28 April 2021, while Wikipedia says the line will cost USD 765 million.

Approved budget

€652 million

Approximately $771.15 million

Cost basis: 2021

Ücyol metro station in Izmir.
Btian P. DorsamCC BY-SA 4.0

Cost evidence

Basis of the published figure

Approved budget2021
aiib.org

Project metrics

Key dimensions

Project record

Timeline

  1. 14 February 2022

    Construction started

    ebrd.com
  2. 2027

    Current completion estimate

    ebrd.com

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