Investment plan

MBTA Board Approves Capital Investment Plan for Fiscal Years 2023-2027



Written by David C. Lester, Editor

The MBTA is awaiting parts from Germany for its automated collision avoidance system.

MBTA

The MTBA Board of Directors has approved a new capital investment plan.

The MBTA Board of Directors has approved the MBTA Capital Improvement Plan for Fiscal Year 2023-2027 (FY23-27 MBTA CIP). The FY23-27 MBTA CIP includes more than 500 unique capital projects to modernize, expand and increase the reliability of the MBTA transportation network.

“With the goal of improving reliability, modernizing the system, expanding capacity and network, and continuing to make critical safety improvements, MBTA’s five-year CIP is an important document that guides our planning for investments,” said MBTA CEO Steve Poftak. “I thank the Board of Directors for approving our CIP, and I thank our riders and the public for participating in this public process and letting us know what types of capital investments they would like to see the MBTA prioritize. for investment.”

MBTA’s capital improvement plan for fiscal year 2023-2027 includes all planned capital investments over the next five years.

Massachusetts Bay Transportation Authority

The FY23-27 MBTA CIP is available at mbta.com/cip and includes an overview of the Authority’s capital planning process, summaries of investment programs, summaries of investments by mode and the full list of capital projects. ‘investment.

A short-term, financially limited investment program updated annually, the MBTA CIP FY23-27 is driven by the following objectives:

  • Improve the reliability of MBTA’s transit system and upgrade existing assets to accommodate current or anticipated growth.
  • Make targeted investments in the expansion of the transportation network to increase capacity or provide riders with more options between transit modes.

For more information, please visit the MBTA website.

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