DB’s Stuttgart 21 project on track and on time but not on budget
Despite increased geopolitical risk and higher costs, the Stuttgart 21 project remains on track for commissioning in 2025. That is the outcome of a review of the project published last week.
The total costs of the Stuttgart 21 project, which calls for a complete overhaul of the city’s main station, improved high-speed links and an upgrade of various lines in the metropolitan area, is now pegged at 9,15 billion euros.
That means an increase of 950 million euros from the previous estimate by Deutsche Bahn’s (DB) supervisory board. This is mainly due to the difficulties global supply chains experienced immediately following the waning of the COVID-19 pandemic, as well as the elevated prices of raw materials, the board concludes. The board has set aside another 640 million euros to hedge against further cost increases, such as those related to the conflict in Ukraine.
On a more positive note, the Stuttgart 21 project remains on track for completion in 2025. One of the first tangible results will be the planned commissioning in December of the Ulm-Wendlingen section of the new high-speed line that will eventually cut travel time between Stuttgart and Ulm in half.