EIB increases support for high-speed trains

The European Investment Bank (EIB) is increasing its loan for Poland’s PKP Intercity’s Pendolino trains from US$288 million to US$440 million. The project consists of the purchase of twenty modern high-speed trains and the construction of an associated maintenance depot in Warsaw. With the increase of financing, the bank aims to ensure smooth project implementation by completing the financing plan. The high-speed passenger connections will be available between Gdynia, Warsaw and Krakow/Katowice, part of a T
May 16, 2013 Read time: 2 mins
The 4270 European Investment Bank (EIB) is increasing its loan for Poland’s PKP Intercity’s Pendolino trains from US$288 million to US$440 million. The project consists of the purchase of twenty modern high-speed trains and the construction of an associated maintenance depot in Warsaw. With the increase of financing, the bank aims to ensure smooth project implementation by completing the financing plan.

The high-speed passenger connections will be available between Gdynia, Warsaw and Krakow/Katowice, part of a Trans-European Transport Networks project connecting Gdansk, Warsaw, Brno/Bratislava and Vienna. Further high-speed train services are now also expected to be provided to Gliwice via Katowice, to Wroclaw via Opole and to Rzeszow via Tarnow. Services with the new trains may start in December 2014.

With the EIB strongly encouraging a shift from cars towards rail transport, the new trains will provide time savings and assure high levels of passenger safety and comfort. The related depot has been built on an existing railway site close to Warszawa Grochow and will cater for the maintenance and servicing of new trains.

The modern technology trains co-financed by the EIB will replace obsolete equipment and comply with applicable European standards for passenger safety, noise emissions and access for persons with reduced mobility.

Related Content

  • April 15, 2016
    AECOM awarded LRT contract by Metrolinx, Canada
    Infrastructure firm AECOM has been selected to provide technical advisory services on the Hurontario light rail transit (LRT) projects in Mississauga and Brampton and the Hamilton LRT project in Hamilton, Canada, for Government of Ontario agency Metrolinx. The Hurontario and Hamilton LRT projects are part of the largest infrastructure investment in Ontario’s history and are expected to have a notable impact on regional transit by providing crucial links between many of the existing lines, as well as on t
    Read More
  • April 29, 2015
    Public Private Partnerships to gather pace in the US
    Public Private Partnerships are set to play a big role in transportation funding as Andrew Bardin Williams discovers. The old joke goes that the road from New York to Chicago is paved with potholes. For decades, drivers from New York and New Jersey traveling across Pennsylvania to visit the Midwest have lambasted the Commonwealth’s roadways for their lack of smooth pavement.
    Read More
  • October 24, 2014
    Workzone safety can be economically viable
    David Crawford looks how workzone safety can be ‘economically viable’. Highway maintenance is one of the most dangerous construction industry occupations in Europe. Research from The Netherlands on fatal crashes indicates that the risk facing road workzone operatives is ‘significantly higher’ than that for the general construction workforce. A survey carried out by the Highways Agency, which runs the UK’s motorway and trunk road network, has suggested that 20% of road workers have suffered injuries from pa
    Read More
  • March 30, 2016
    Kapsch CarrierCom to implement railway communication network in Luxembourg
    Luxembourg’s national railway operator CFL has awarded Kapsch CarrierCom the contract to implement a countrywide railway communication network based on GSM-R (Global System for Mobile Communications – Railway) for the country’s railway network. The contract, which is scheduled to be complete at the beginning of 2017, includes operation and service support for the first three years. Kapsch will be installing an end-to-end railway telecommunication network based on the GSM-R standard, including a modern IP
    Read More

Highlighted Content