MetroLink cost estimates are lower than €23 billion

thejournal.ie

Claims that the cost of the MetroLink project will exceed €23 billion have generated debate. Some media outlets reported the figure as accurate, but others have raised questions about it. MetroLink is a planned rail line that will connect Dublin Airport with the city center. The project aims to reduce travel time from Swords to Dublin city center to about 25 minutes and expects to handle up to 20,000 passengers per hour. Despite its potential benefits, the project has faced significant delays and controversies over its route. These complications have led to concerns about the project's rising costs. Many have cited the €23 billion figure, suggesting taxpayers may be stuck with this bill. A number of articles reference a briefing document provided to Transport Minister Darragh O’Brien that lists this cost. This document, accessible online, indicates a wide range of estimated costs for the project. While it suggests a worst-case scenario of up to €23.39 billion, it also presents a more likely range of €7.16 billion to €12.25 billion. The document clarifies that the €23.39 billion figure represents an upper limit with a 95% confidence level that actual costs will be lower. There is no final agreed price, and many details are still under review. In conclusion, while the €23 billion figure has been reported, it is misleading to present it as the expected cost. The likely estimates indicate a much lower financial burden on taxpayers, suggesting that the project’s final price is still uncertain and liable to change.


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