News Column

Poland : EU loans POLAND $364 million for rail upgrade

June 7, 2014

The European Investment Bank awarded Poland a loan valued at $364 million for enhancements on a railway line between Krakow to Katowice. 

The 58km link will be modernized for freight trains running at 120km/h and passenger trains running at a maximum speed of 160km/h. 

The national rail network management organization Polskie Linie Kolejowe will use the fund for enhancements including the replacement of sleepers, ballast, track and overhead centenary as well as upgrading power supply. 

Many stations will be reconstructed to make sure full accessibility for people with decreased mobility. Better drainage, noise barriers, and animal crossings will be executed. 

Work will start in 2014 and is set for completion by 2016.

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Source: TendersInfo (India)

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