standard Construction on 1st phase of Ningbo Metro Line 3 expected to begin in 2014

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The Ningbo government is striving to begin construction on the 1st phase of the Ningbo Metro Line 3 by the end of this year, according to Yin Wende, the deputy commander of the Municipal Rail Transit Project Command. He also said construction work on the 2nd phase of the Ningbo Metro Line 2, the Ningbo Metro Line 4, and the Ningbo Metro Fenghua Line are expected to be begin by the end of 2015.

Phase 1 of the Ningbo Metro Line 1 realized trail operation on May 30, 2014. According to Yin Wende, a total of 4.12 million passengers have enjoyed the 99.95% punctuality of the Ningbo metro Line 1 since it opened. The accumulated miles of travel has reached 318,000 kilometers, with a daily travel of 241 metro trains and a daily passenger flow of 66,500 people. Beside, The maximum passenger flow in a single day reached 151,400 people during the last 3 months.

The construction work on the 1st phase of Ningbo Metro Line 2 began in late 2010 and is expected to be put into trail operation by the end of 2015. The construction work on the 2nd phase of Ningbo Metro Line 1 began in late 2012 and is expected to enter trail operations by the end of next year.

The total investment on the Ningbo rail transportation project has reached RMB 30.87 billion, and its full cost in 2015 is expected to reach RMB 858 million, a full-year loss of RMB 760 million.

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