April 25, 2016

EIB finances Warsaw - Lublin modernisation

Written by  Mykola Zasiadko
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EIB finances Warsaw - Lublin modernisation Keith Fender

THE European Investment Bank (EIB) has signed a €250m loan agreement with Polish infrastructure manager PKP PLK to finance the modernisation of the 171km Warsaw - Lublin line, which is part of the TEN-T North Sea – Baltic Corridor, and rehabilitation of the 51km Lukow - Lubartow - Lublin line, which provides an alternative route for freight traffic.

The upgrading of the Warsaw - Lublin line is the largest rail project ever financed by the EIB. In addition to increasing line speeds for freight and passenger traffic, the work will also boost capacity for regional and suburban services around Warsaw and Lublin.

The North Sea – Baltic Corridor runs from Belgium and Netherlands to Finland via Germany, Poland, Baltic States, linking Antwerp, Rotterdam, and Amsterdam with the Baltic ports of Klaipeda, Riga, Tallinn, and Helsinki.

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