The Community of Madrid invests €536 million to guarantee the best mobility and maximum Metro quality in 2025
At its meeting today, the Governing Council approved the agreement between the Regional Transport Consortium and the metropolitan company. The regional government continues to carry out all kinds of actions to make further improvements to the underground system
The Community of Madrid is investing a total of €536.8 million over the coming year to continue guaranteeing the maximum quality and mobility of the public service on the Metro network. Today, the Regional Government Council has approved the extension of the specific agreement between the Regional Transport Consortium (CRTM) and the metropolitan company, which establishes the amount required for this funding for public transport, which has been used by more than 700 million passengers this year.
The total funding forecast to ensure smooth operation in 2025 is estimated at around €1,006 million. Of this amount, approximately €470 million (46%) will be financed by the collection of fares from network users, through monthly passes, single tickets and other tickets. The remaining €536 million, or 54%, will come from the budget of the Regional Transport Consortium, which is part of the Regional Ministry of Housing, Transport and Infrastructure.
On the other hand, the regional government continues to improve and reinforce the quality of this public means of transport, which is used daily by around 2.3 million passengers and is a benchmark on an international level for its service efficiency, innovation and technological capacity. In the current financial year, approximately €1,473 million has been spent on improving the service and facilities.
Of that budget, €53 million have been for digital transformation, with the start-up of the Data Processing Centre; €33 million for the renovation of equipment and work centres and €448 million for the automation and renovation of tracks and tunnels. Similarly, the Station Accessibility and Modernisation Plan includes €94 million and the improvement of rolling stock accounts for another €844 million.