Munich’s urban rail expansion hit with major cost overruns and delays

The expansion of Munich’s urban train network – one of the largest infrastructure projects under way in Germany – will be completed years late and billions over budget, a Bavarian minister said on Thursday. Munich is building a second core route on its S-Bahn network, which carries people in and around the Bavarian city. Planners say it will ease traffic bottlenecks across the public transport system. In October 2016, the federal government in Berlin and the state of Bavaria agreed on joint financing, according to which the federal government would assume 60% of the eligible construction costs…

Read More