News from the board meeting

Posted: 30. august 2024

Metroselskabet is tasked with preparing a comprehensive plan and subsequently developing land at København Syd in Valby. The task was adopted by the Danish Parliament by law in 2018, with the aim of ensuring co-financing of the costs of an underground metro station at København Syd. The Company's Board of Directors has now approved the initiation of the process to secure the right partner/investor for the project. The process will be initiated when the City of Copenhagen has approved a start-up report for a local plan during September. 

"Metroselskabet has been tasked with developing an area at København Syd with housing, businesses, shops and other urban life functions that support the new station's future role as one of Denmark's largest stations. The development project is called København Syd By and will help create a unique and vibrant district in Valby that both marks the city's major traffic hub and supports a good and safe local environment with easy access to the station," says Chairman of the Board Jørn Neergaard Larsen.

In parallel with the preparatory work, Metroselskabet has over the past two years conducted extensive involvement and dialogue with local committees, organizations, neighbors and citizens with an interest in the development of the area.

The Metro's operational stability has been developing positively after new software updates in May and June and the commissioning of the eight extra trains on M1/M2. At the meeting, the board was informed that the operational stability reached 99.5 percent on M1/M2 in July - and the good results are also reflected in the operational stability of the overall system. In July, the Metro's overall operational stability was 99.3%, while on M3/M4 - especially considering the recent opening of the M4 to Sydhavn and Valby - it was also at a satisfactory level with 99.0% on-time departures.

The Metro had 9.0 million passengers in July and has seen a growth in passenger numbers up to July 2024 compared to the same period in 2023. Year-to-month, the realised passenger number is 68.7 million passengers, which is 11% below the expected number for 2024. On the M4 extension to Sydhavn and Valby, the five new stations have got off to a good start. Since the opening day on June 22 and up to and including July 31, there have been around 570,000 passengers - or around 14,000 per day. This is almost twice as many as expected.

At the meeting, the board also approved the tender and contract strategy for the extension of the M4 from Orientkaj to Ydre Nordhavn. The project consists of two new stations that will be connected to the M4 and built as an elevated line. A construction law is already in place, as the M3 line law also includes Ydre Nordhavn. The construction will take place in an urban development area where there will be relatively few neighbors and businesses affected, and the extension is expected to open in 2030.