EIB supports modernisation of Polish railways with EUR 268m loan
The European Investment Bank (EIB) is lending €268m to the manager of the national railway network in Poland, PKP Polskie Linie Kolejowe S.A. (PLK), for the upgrading of 58 km of an existing electrified railway line (E30) from Katowice to Kraków.
The loan will fund a number of improvements on this section, such as the replacement of ballast, sleepers, track and overhead catenary as well as upgrading of the existing power supply. Several stations will also be reconstructed to ensure full accessibility for people with reduced mobility.
The modernised line will allow for the introduction of trains running at a maximum speed of 160 km/h for passenger trains and 120 km/h for freight trains. Furthermore, additional environmental mitigation measures will be implemented (e.g. noise barriers, better drainage, animal crossings), which will reduce existing negative impacts during operation. These modernisation works will begin this year and are expected to be completed by the end of 2016.
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