The extensive construction work on the Saxon State Parliament is expected to take more than a decade. Costs of up to 450.1 million euros have been budgeted for the expansion and renovation of the existing buildings. Just under a third of this amount is earmarked as a contingency reserve to cushion the impact of rising construction costs until the project’s expected completion in 2037, as Finance Minister Christian Piwarz (CDU) stated during the presentation of the plans.
According to current plans, construction costs are expected to total 317.2 million euros. The largest cost item is the comprehensive renovation of the old and new buildings (202.2 million euros), which will include, among other things, upgrading the 30-year-old IT network to the latest standards. The extension, which is being built on an open space on the banks of the Elbe directly next to the plenary hall, is expected to cost 73.6 million euros. The new cube in the state parliament’s courtyard is estimated to cost 38.6 million euros.
