Costs and benefits of the Amsterdam Noord-Zuid underground railway line (Dutch)
KiM, at the request of the Veerman Commission, drafted a report about the costs and benefits of the Noord-Zuid underground railway line in Amsterdam. This report is attached as an annex to the research report of the Veerman Commission (published 2 June 2009), an external board of experts counselling the municipality of Amsterdam as a result of cost overruns and an accumulation of construction risks.
This report is available in Dutch
KiM’s main conclusions are:
- a comprehensive Cost-Benefit Analysis was never conducted for this project;
- the total social benefits of the project are less than the social costs;
- regarding deliberations about the North/South Line, only future costs and benefits are currently relevant (because investments have already been made and cannot be returned);
- the actual transport benefits can be significantly lower than in the prior budget;
- a bonus on the direct effects in order to meet indirect effects on the Amsterdam Noord-Zuid underground railway line will likely be in the middle rather than at the extreme end of the usual 0-30 percent increase