EIB in €165 million Poland rail loans
25 October 2012
The European Investment Bank (EIB) has approved two loans totalling €165 million to Polish state-owned rail company PKP to support the upgrade of key rail corridors across the country.
€100 million will be used to finance the upgrade of a 58km line between Warszawa Zachodnia and Miedniewice to enable trains to travel at 160km/h. It will also go towards signalling enhancement on a 42km section of line between Miedniewice and Lodz Widzew.
A further €65 million loan will be used to support the modernisation of a 32km section of the E59 railway line connecting Poznan to Czempin in the South-West of Poland, enabling trains to travel at 160km/h. The E59 is a European rail corridor connecting Malmo in Sweden with Ostrava in the Czech Republic through Poland via Szczecin, Poznan, Wroclaw and Chalupki.
STAY CONNECTED




Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
CONNECT WITH THE TEAM



