In the first quarter of 2017, the Polish rail infrastructure manager PKP PLK has doubled the number of tenders launched, than the similar period of last year. The estimated value of the tenders is over PLN 2.3 billion (EUR 541.5 million), fourfold than the same period of 2016. In addition, the signed contracts represent an increase with one third than in January-March 2016, being signed 86 contracts.
“We have started a very dynamic year, as in the first quarter of 2017 we announced 120 tenders, an increase with 100 per cent, when comparing with the same period of the last year. The estimated value of the tenders is four times higher than the Q1 of 2016. By the end of this year we plan to sign contracts valuated at PLN 25 billion (EUR 5.9 billion),” Ireneusz Merchel, CEO of PKP Polish Railway Lines said.
The company will significantly improve the railway traffic in Poland’s agglomerations, increasing the standard of freight and passenger rail transport services. Until 2023, PKP intends to rebuild 9,000 km of tracks and to install ERTMS/ETCS system on 2,000 km lines.
Within National Railway Programme, PLN 66 billion (EUR 15.5 billion) will be invested in railway projects across the country. The value of the contracts signed in the first two years of the investment programme (in 2015 and 2016) increased to PLN 27 billion (EUR 6.3 billion), representing 40 per cent of the National Railway Programme investment. The company’s initial plans involved a PLN 25 billion (EUR 5.9 billion) investment.
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