EIB to spend €5.5 billion in Poland this year
The European Investment Bank will finance projects in Poland to the tune of €5.5 billion in Poland this year, according to the institution's president Werner Hoyer.
“I expect that the scale of financing for projects in Poland in 2014 will be similar to the amount in 2013, roughly €5.5 billion,” said Werner at a press conference.
In 2013 the EIB extended €5.7 billion in financing for Poland while in 2012 the figure was €4.4 billion.
Anita Fuerstenberg-Lucius from EIB added that the transport infrastructure sector would be the focus of the bank this year.
“We have many road and train projects, the needs are many in this sector. The next biggest beneficiary will be the energy sector,” she said. Fuerstenberg-Lucius also added that €1 billion would be set aside for supporting SMEs in Poland.