Luas on track with €6.6m surplus in 2007


The Railway Procurement Agency - the body in charge of Dublin’s Luas and pending Metro transport services - generated an after-tax surplus of €6.6 million last year.

According to the body, commercial activities associated with the two functioning Luas lines in the capital delivered surpluses before tax of €6.9m - up from a total of €5.6m in 2006.

In its annual report for 2007, the agency stated - 'The success of the Luas system reflects the quality of the investment decision made by Government in proceeding with Luas and the dedication and professionalism of the Railway Procurement Agency and Veolia in delivering high-quality infrastructure and transport services'.

Last year, the Luas system carried 28.4 million people over its two lines - a 10% increase on 2006 passenger levels.

In its report, the RPA updated on the progress it has made in regard to planning for each of its interests - including the Metro project, the Luas extension and ticketing projects - all of which have been included in the Government’s Transport 21 investment programme.

The route for the Metro North line has been selected and the preparation of detailed plans for which a railway order will be sought was substantially completed.

The railway order application was made for a 4.5km extension of the Luas red line, to run from Belgard to Saggart via Citywest.

Also in 2007, substantial progress was made in constructing the 7.5km extension of the Luas Green Line to Cherrywood and the 1.5km extension of the Red Line to the Docklands area.

Furthermore, a project to increase the capacity of the red line by 40%, through lengthening the trams, was substantially advanced.

To download RPA's Annual Report - Click Here