Siemens enters the running for Warsaw metro project

Siemens of Germany has become the first company to express an interest in th e zl.8.4 billion project to develop the Warsaw metro. The tender for the wor k, which involves the completion of the metro's first line and the construct ion of a second, is scheduled to be awarded next year. "In the letter of int ent forwarded to the Warsaw authorities, we expressed our interest in the tu rnkey construction of the second line of the Warsaw metro, based on the publ ic-private partnership," said Siemens press spokesman Karol Szyndzielorz. De puty Mayor of Warsaw Jacek Zdrojewski explained that all offers would be eva luated and that the most important criteria for deciding who would be awarde d the tender would be price, timetable, and means of financing. The chosen c ompany will be responsible for carrying out the entire project, with the cit y of Warsaw agreeing to pay back the investment over 25 to 30 years. (Puls B iznesu, p. 6) P.J.