PKP PLK to invest EUR 12.5 billion for rail projects

PKP PLKIn 2016-2023, Poland’s railway infrastructure manager PKP PLK will launch railway projects worth more than PLN 50 billion (EUR 12.5 billion).
The company announced that this year will launch new tenders worth PLN 11 billion (EUR 2.75 billion) for railway infrastructure projects and plans to spend PLN 8.5 billion (EUR 2,1 billion) in CAPEX, Marcin Mochocki, PKP PLK Planning and Strategy Director said. PLN 6 billion (EUR 1.5 billion) will come from EU funds, and PLN 2 billion (EUR 501 million) will be national funds.
In 2016-2023, the investment value in railway projects is estimated at PLN 50 billion (EUR 12.5 billion), with an annual average of EU funds of PLN 8 billion (EUR 2 bilion), Mochocki explained.
PKP PLK started to use EU funding from the next financial perspective for 2014-2023, and for 2015, the company intends to announce new tenders for a total amount of PLN 11 billion (EUR 2.75 billion).
The first PLN 300 million (EUR 75 million) contract was signed (in April) for traffic control system on Poznan – Wroclaw rail line. Tenders will be launched for the last section of Wroclaw – Poznan rail line, worth PLN 1.5 billion (EUR 376 million), Sochaczew – Swarzędz line, worth PLN 2 billion (EUR 501.4 million) and Warsaw agglomeration projects, PLN 700 million (EUR 175.5 million).
New tenders will include key parts of routes: Warsaw – Radom-PLN 1 billion (EUR 250.7 million), Krakow – Katowice-PLN 2 billion (EUR 501.4 million), Warsaw – Bialystok-PLN 500 million (EUR 125 million) and Warsaw – Lublin line-PLN 3 billion (EUR 752 million).
The objective of these modernization program is the increasing of speeds to 160 km/h and reducing travel time.


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