New York USD 27 billion Capital Program approved

mtaNew York Metropolitan Transportation Authority (MTA) Board has approved the USD 27 billion 2015-2019 capital programme.
This year, the state committed to USD 8.3 billion in funding to the MTA’s plan for the acquisition of 1450 metro cars, to advance an initiative to build four new Metro-North stations, to build a 29 km second track between Farmingdale and Ronkonkoma, renovate and revitalize stations, to implement a new fare payment system to replace the MetroCard and to buy 2340 buses.
In addition, MTA is moving forward with a plan to renovate 31 metro stations throughout the New York metropolitan area.
“With historic levels of funding through the capital plan, we have the resources and support we need to fulfill the Governor’s mandate to renew, enhance and expand our transport infrastructure,” MTA Chairman Tom Prendergast said.


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