PKP PLK to spend PLN 67 bln by 2023
10:06
State-controlled PKP PLK has launched its investment program dubbed the Great Offensive of Railway Investments, the media reported citing Andrzej FIlip Wojciechowski, the CEO at the company.
In line with the plan, PKP PLK is calling for tenders valued at PLN 11 billion still this year, and by 2023 will "effectively" spend PLN 67 billion.
The company stressed that the main objective of the program is a "spectacular" improvement of conditions of cargo transports which will be possible to achieve by increasing the average speed of trains, among other things. PKP PLK is also planning to carry out renovations of cargo connections and other necessary works.