Private investors sought for modernization of key roads

The Transportation Ministry plans to announce a tender for private investors to modernize and maintain selected key roads. The investors would have their outlay refunded at a later date, but the terms on which this will take place have not yet been announced. According to Transportation Minister Jerzy Widzyk, the main idea behind this program is that right now there is not sufficient money in the budget for road investment, but in the year 2006, when Poland will be a member of the European Union (EU), it will have plenty of EU aid funds for such purposes. Before the end of the third quarter of this year the Ministry expects to announce tenders for the first four projects under the scheme, estimated to be worth around zl.100 million each. (Puls Biznesu, p. 10) T.J.