Port Gdynia to spend over PLN 600 mln

The Port of Gdynia Authority (ZMPG) will spend PLN 605.5 million in years 2016-2018, the CEO Janusz Jarosiński said during a press conference on Monday. The company is planning to build or modernise waterfronts, yards, warehouses, roads and railways. As of 2016 – nearly PLN 118 million and as of 2017 – over PLN 212 million, as of 2018 - over PLN 275 million. As much as 70-80 percent of the funds will cover infrastructure projects. Compared with the last investment budget, expenditure has increased. In terms of capacity, the Port of Gdynia is the third-largest port in Poland. The Port of Gdynia Authority S.A. was established in 1999 under the Act on sea ports and harbours. Its main task is the administration of the port infrastructure.