Renovation works for 7 train stations could start next year

Renovation works and the expansion of the Budapest Keleti, Nyugati, Déli and Kelenföld train stations as well as those in Debrecen, Győr and Szeged could start next year, state-owned railway company MÁV said on Friday.

Separate business companies will be established for the renovation works of the seven major stations. These will call and manage tender procedures, and then establish joint companies with the winning bidders, MÁV said. It noted that external investors can only acquire shares in these joint ventures and will not have access to state assets.

MÁV said the winners of the tenders will be announced later this year.

The Construction and Transportation Ministry and MÁV said new tenders will be called because there is more intent and capabilities for developments than that which could have been channeled as part of the previous tender process.

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