Poland: PLN 34 Billion for Transport Infrastructure in 2009

10.10.2008 (18:01)

The budget offers PLN 34 billion for development of domestic roads and railway lines.

However, experts doubt this money will be spent.

In a project of the Budget Act PLN 14.3 billion were assigned to road and railway infrastructure. But if we add to it EU funds and national reserves, the amount would be PLN 34 billion.

The most of it, approx. 97%, will go to the Ministry of Infrastructure.

The only problem is, that many investments are not yet prepared, so there is rather no chance, that they would be realized, Railway Market-CEE Review reports.

(1 PLN = 0.282 EUR)

Print version

Publications on the theme

Poland: Rail Freight Downturn Forces Operators to Rethink Investment

03.12.2008 (16:08)

The decline in the volume of freight transported by rail in Poland is the consequence of the overall market slowdown, with companies reducing their production of steel and cement, and other materials which are traditionally transported by rail.

Poland: EUR 250mn Rail Modernization Contract Awarded

20.11.2008 (13:30)

It has been announced that a consortium formed by Torpol and Feroco has won a contract for the modernization of a railway section between Warsaw and Gdynia.

Poland: Strabag & CTL form Rail Freight JV Called Green Chip Cargo

14.11.2008 (13:44)

Green Chip Cargo is the name of the new joint venture company being launched by Austiran construction company Strabag and Poland's leading independent freight rail company, CTL Logistics.

Latest publications

PM Ñalls on Regulator to Look into Airline Services

04.12.2008 (16:24)

The Russian Federal Anti-Monopoly Service should thoroughly examine what is going on with air transport services, Russian Prime Minister Vladimir Putin said as he answered the questions of Russian citizens in a nationwide broadcast by TV channels and radio stations.

Freight Transportation Market Development Was Not Discussed

04.12.2008 (16:19)

Vadim Morozov, the First Vice President of OAO RZD, refuted the information about the results of a recent meeting of the Interdepartmental Committee placed on the official web-site of the RF Transport Ministry. To remind: the meeting was devoted to realisation of the railway structural reform.

LDz: Profit May Fall

04.12.2008 (13:27)

This year the profit of Latvijas dzelzcels (LDz, Latvian railway) will not be so high as in 2007, when it amounted to $52.4 million (28.3 million lats) and the turnover was $485 million (262 million lats).