CPK receives PLN 3.5 billion capital injection for major infrastructure projects

by   CIJ News iDesk III
2024-12-27   07:11
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The Centralny Port Komunikacyjny (CPK) company has increased its share capital by PLN 3.5 billion, following Prime Minister Donald Tusk’s decision to allocate additional funds. This significant investment aims to advance the construction of Poland’s new airport and high-speed railway network.

Deputy Minister of Infrastructure Maciej Lasek highlighted the project’s importance, emphasizing the focus on realistic planning and alignment with the country’s economic needs and local community considerations. “We are working on rational assumptions regarding the scale of investment and analyzing the project’s impact on the State Treasury and local communities,” he stated.

Key Areas of Investment

The recapitalization will enable the continuation of critical projects across three primary areas: the airport, railways, and real estate development. The funding will support:
• Completion of design work for the terminal, railway station, and public transport hub.
• Development of airport zones (Airside and Landside) and associated infrastructure.
• Acquisition of land and preparatory work for the construction of the CPK airport.
• Road investments, including access roads to the airport.
• Planning and design of Airport City and Cargo City, essential for the airport’s operations.

Rail Investments

A significant portion of the funding will focus on integrating CPK with Poland’s national transport network, particularly through high-speed rail projects. Key initiatives include:
• Land acquisition, design, and preparatory work for the Warsaw–Łódź “Y line.”
• Design work and construction of the CPK railway junction and a high-speed rail tunnel in Łódź.
• Real estate acquisition and project development for the Łódź–Wrocław section.
• Design and preparatory work for the Sieradz–Poznań railway line.

This additional capital injection underscores the Polish government’s commitment to CPK as a transformative infrastructure project. By advancing airport and railway connectivity, the initiative aims to bolster Poland’s economic development, enhance regional integration, and improve transportation efficiency for citizens and businesses alike.

Source: Centralny Port Komunikacyjny (CPK)

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