The European Union (EU) has approved a loan worth approximately zl1.2bn (nearly $315m) for the Polish Government to renovate and construct 55 railway stations.

The fund will also be utilised for the construction of the Bolków bypass located in south-western Poland.

A total of eight co-financing contracts were signed by the Centre for EU Transport Projects (CEUTP) with Poland’s national railway operator PKP Polskie Linie Kolejowe (PKP) and the General Directorate for National Roads and Highways.

Additionally, the EU loan will be earmarked for traffic expansion on railway line 93 and improvements to passenger information on the network managed by rail operator PAP.

Poland Infrastructure Minister Andrzej Adamczyk said that the European Union will also co-finance the construction of the Bolków bypass and its link to the S3 expressway.

“The EU has co-financed the construction and modernisation of nearly 900km of railway in Poland.”

Adamczyk stated that: “This is a road, which runs southwards to our neighbours and connects there with the European road system.”

Joanna Lech of the CEUTP announced that the combined value of the projects is about zl1.8bn ($471.5m), of which the EU is co-financing zl1.2bn ($315.17m) from the Operational Programme Infrastructure and Environment 2014-2020.

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The projects are expected to be concluded between 2020 and 2022.

Minister of Investment and Development Kwieciński said: “At the moment, Poland is the biggest building site in Europe.”

He further stated that zl91.3bn ($23.94bn) has already come into Poland from the Operational Programme Infrastructure and Environment 2014-2020 for the biggest infrastructural investments.

Kwieciński  added: “At the same time, we have absorbed nearly 80% of funds from this programme.”

Till now, the EU has co-financed the construction and modernisation of nearly 900km of railway in Poland.

Furthermore, it has financed the acquisition and improvement of over 500 rail vehicles, such as wagons and locomotives.