Ørestad Development Corporation
Encyclopedia
The Ørestad Development Corporation was a company responsible for urban redevelopment of Ørestad
south of Copenhagen
, Denmark. The company was owned by the Copenhagen Municipality (45%) and the Ministry of Finance
(55%). It was also responsible for building parts of the Copenhagen Metro
. The company was dissolved in 2007.
Ørestad
Ørestad is a developing city area in Copenhagen, Denmark, on the island of Amager. It is expected that 20,000 people will live in Ørestad, 20,000 will study, and 80,000 people will be employed in the area...
south of Copenhagen
Copenhagen
Copenhagen is the capital and largest city of Denmark, with an urban population of 1,199,224 and a metropolitan population of 1,930,260 . With the completion of the transnational Øresund Bridge in 2000, Copenhagen has become the centre of the increasingly integrating Øresund Region...
, Denmark. The company was owned by the Copenhagen Municipality (45%) and the Ministry of Finance
Ministry of Finance of Denmark
The Ministry of Finance of Denmark is a ministry in the Government of Denmark. Among other things, it is in charge of the government budget , paying government employees and improving efficiency in government administration...
(55%). It was also responsible for building parts of the Copenhagen Metro
Copenhagen Metro
Copenhagen Metro is a rapid transit system serving Copenhagen, Frederiksberg and Tårnby in Denmark. The system opened between 2002 and 2007, and has two lines, M1 and M2. The driverless light metro supplements the larger S-train rapid transit system, and is integrated with DSB local trains and...
. The company was dissolved in 2007.