January 30, 2018

EIB loan for Polish broad-gauge upgrade

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EIB loan for Polish broad-gauge upgrade Sigman/Wikipedia CC by SA 2.5

POLISH broad-gauge railway PKP LHS signed a Zlotys 121m (36.2m) loan agreement with the European Investment Bank on January 25, which will help finance a Zlotys 300m programme of infrastructure enhancements.

The aim of the project is to improve safety and increase capacity on the 394km 1520mm-gauge line linking the Ukrainian border with the Katowice area.

PKP LHS plans to invest around Zlotys 184m in the upgrading of signalling, train control level crossings, and the installation of a fibre-optic network. It will spend Zlotys 59m on the reconstruction of Zamość Bortatycze and Hrubieszów stations, and the construction of a new station at Zamość Majdan near the Ukrainian border. A further Zlotys 20m will be spent on a new fleet of 1520mm-gauge track maintenance machines.

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