Polish rail to receive €624 million in 2013

By Helen Wright15 November 2012

Polish rail authority PKP Polskie Linie Kolejowe (PKP PLK) is to receive PLN2.6 billion (€624 million) in funding next year to invest in upgrading and expanding the country’s rail network.

Poland’s Minister of Transport Slawomir Nowak said the funds would come from tax receipts.

“This year, the excise tax division gave PLN2 billion (€480 million) to PKP PLK for investment purposes. Next year it will be PLN2.6 billion (€624 million) as a necessary part of our capital investment. Investment in turn will grow and grow, as this is a historical necessity,” Mr Nowak said.

He added that renewal projects would also be the priority in the new EU financial perspective for 2014 to 2020, while state funds and the possibility of public-private-partnerships would also boost spending.

“Poland needs renewed connections between cities, so that Poles can quickly and comfortably move around our country,” Mr Nowak said. He added that the Ministry had already completed work on an Implementation Document, which sets out criteria such as traffic levels and increasing the speed of journeys.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
10 ways to join the hydrogen power revolution
Interest in the use of hydrogen has soared over the past few years as the construction industry races to reduce its carbon footprint. We roundup some recent initiatives
Telescopic boom lifts - the trends
Higher capacities and 100% electric models are the trend. And what lies ahead for 200ft models, or above?
How construction can become sustainable
The construction industry is undergoing a transformative shift to adapt more environmentally friendly practices
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA