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    Reference: 20150315
    Release date: 2 October 2015

    Promoter – Financial Intermediary

    PKP POLSKIE LINIE KOLEJOWE SA

    Location

    Description

    Modernisation of the railway line Warsaw - Lublin (170 km) and renovation of the Lukow - Lublin bypass.

    Objectives

    The project will increase the quality of rail services provided in Poland as well as promote travel by rail and will, thereby, enhance sustainable transport, in line with EU objectives. Most of the project is located in a convergence region, and thereby will improve accessibility and potentially facilitate regional development.
    The project is expected to generate substantial time and vehicle operating cost savings by allowing for more efficient use of existing rail capacity as well as promoting modal shift from road to rail through facilitating better rail services. Adding capacity would allow an increase in the frequency of regional trains and thus a noticeable modal shift from cars to rail, which would result in environmental and safety benefits.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 250 million

    Total cost (Approximate amount)

    EUR 840 million

    Environmental aspects

    The project was subject to an environmental impact assessment procedure. The project's potential impact on protected areas and species, in accordance with the Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC), are to be appraised further.

    Procurement

    The promoter is a public contracting authority subject to the provisions of the relevant directives. The Bank will require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    Status

    Signed - 22/04/2016

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Poland Transport