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Poland: 1,600 km of Track to Be Upgraded in the Next Four Years

May 2008.

Regional services operator PKP Przewozy Regionalne will pay back more than PLN 1bn (EUR 294.1m) in debts owed to the infrastructure manager, PKP Polskie Linie Kolejowe (PKP PLK).

PKP PLK’s account will also be replenished with PLN 1.8bn (EUR 529.4m) in cash from the parent company’s own budget.

PKP PLK intends to use this kitty to renovate railway lines. Roughly 500 km of track is due for renovation this year, and this figure is set to rise to 1,600 km by 2012. The undertaking will require estimated expenditure of over EUR 6 billion – the majority of the cash needed will come from EU funds, Railway Market-CEE Review reports.

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