PKP sends invites for zl. 1 bln development of Warsaw's Central Station

Polish State Railways (PKP) has invited 12 companies to bid for the contract to change the look of Warsaw's railway station Dworzec Centralny. Among them are Echo Investment, Mostostal Export S.A. and Exbud S.A. through its strategic investor Sweden-based Skanska. In the next few days PKP will announce a tender to sign a letter of intent. "The investor will then have a year to a year and a half to prepare a business plan to develop the land belonging to Dworzec Centralny and if it is accepted by us and city officials then it will find its way to the realization phase," said PKP real estate department director Lech Purzycki. PKP wants potential investors to pay for the whole investment and in exchange the company will offer profits from the retail and amusement centre envisaged to be part of the future station. It is hard to evaluate the cost of the project, but it may be close to zl. 1 billion. (Parkiet, page 3)