Search results for: 'pkp'

EIB provides €250m to upgrade Poland's railway infrastructure

The railway along the strategic TEN-T North Sea-Baltic Corridor, linking the Baltic Sea with the Ukraine border, is to be upgraded by PKP Polskie Linie Kolejowe.  €250m of funding will be provided by the European Investment Bank (EIB) for the project, which will contribute to the modernisation of the 171km section of the railway line between Warsaw and Lublin and the rehabilitation of the Łuków-Lublin freight bypass. EIB believes that the project will ease commuter traffic in Warsaw and Lublin through the construction of new tracks. The upgraded railway connections will also enhance passenger safety through the implementation of updated security systems. EIB’s vice president László Baranyay said: "The EIB loan will help to improve Poland's railways along a strategic Trans-European transport corridor with positive consequences for the environment, transport safety, capacity and speed. "This will help to improve the quality of life of passengers, particularly people commuting to work in Warsaw and Lublin, as well as modernising the transport links needed to help further Poland's economic development."