Kraków wants to build private tram line and pay for track access

Kraków officials decided to invite a private business to build an important section of the tram line. The company is to build a 4.5 km long track with its own money, along with all the necessary infrastructure. Afterward, the city will be paying its negotiated annual rate for 20 years.

Implementation of the project in the PPP (public-private partnership) option shows a number of benefits over the traditional project implementation model. These benefits are both expressible in monetary values (risk related to construction and operation transferred to the private partner), but also qualitative, according to the press service of Kraków.

The contract with the selected company is planned to be signed in Q3 2020.

(money.pl)