Luxembourg, 20/07/2005 (Agence Europe) - The European Investment Bank is lending EUR 875 million for the construction of the fourth line of Budapest Metro that will contribute to the improvement of the heavily burdened city transport of Budapest with positive impacts on the environment and quality of life in the city. A loan of EUR 194 million is also being provided for the construction and operation of the new Budapest Central Wastewater Treatment Plant at Csepel Island as part of a co-financing with the EU Cohesion Funds. This represents a record lending of EUR 1.07 billion signed on a single day in a new EU Member State. The loan for the Budapest Metro IV will be used for financing up to 75% of the construction of a new metro line of 10.5 km with fourteen stations, as well as the acquisition of 22 new five-car trains. Once operation commences on the line, it will decrease the pressure on the road bridges and tram crossings and cut surface level transport on Gellert Square, a world heritage site. The new Budapest Central Wastewater Treatment Plant loan will cover the construction of a new system for wastewater collection, treatment and sludge disposal for central Budapest to help to reduce pollution of the Danube and comply with EU Directives on wastewater treatment.