PKP PLK, the Polish railway infrastructure manager, plans to increase the value of its investments by 30 percent in 2020 to some PLN 14-15 billion (EUR 3.28-3.52 billion), the company’s CEO, Ireneusz Merchel, has told PAP.
“Next year will be a year of continuation of the investments already launched,” said Merchel listing such important project as the modernisation of the Krakow-Katowice line and the conclusion of the modernisation of the Warsaw-Poznan line. Both investments are to significantly increase comfort, shorten travel time and further raise safety standards.
Merchel also announced next year’s conclusion of the modernisation of a crucial rail link between Warsaw and Radom south of the capital and the continuation of work aimed at improving rail accessibility to Poland’s biggest Baltic ports – Gdansk, Gdynia, Szczecin and Swinoujscie.
The company is also planning to start a large-scale modernisation project of Warszawa Zachodnia rail station, one of the three largest railway stations in Poland’s capital.
Polish State Railways – Polskie Linie Kolejowe (PKP PLK) is a company with majority stock held by the State Treasury.