Roads get a helping hand from EIB

Some EUR 300 (zł.1,167) million will be spent on motorways, and EUR 350 (zł.1,361) million will go towards modernizing priority roads, in line with the Polish National Road Program.

The first loan of EUR 300 million, contracted on behalf of the National Road Fund by Bank Gospodarstwa Krajowego (BGK), will finance the extension of the motorway network, focusing on the elimination of key bottlenecks, mostly on the borders with adjacent EU Member States. This will contribute to smoother and safer traffic flow and the better integration of Poland into the EU single market. The project covers a 57-km section of the A1 motorway (Maciejów-Sośnica-Gorzyczki), a 51.3-km section of the A4 motorway (Zgorzelec-Krzyżowa), and the rehabilitation of an 8-km section of the A6 motorway (Klucz-Kijewo). All three sections are situated on priority transport axes along trans-European corridors.

This project will be co-financed with grants provided by the EU Cohesion and Structural Funds and the Polish National Road Fund as well as other Polish public sources.

The other loan of EUR 350 million will support the rehabilitation and reconstruction of the Polish national road network, including the upgrading of road surfaces, bridges and other structures throughout the country. (Reuters)