EIB lends €238 million to Warsaw metro
By Helen Wright10 April 2013
The European Investment Bank (EIB) has approved a PLN1 billion (€238 million) loan to support construction of the central section of a new metro line being built in Poland’s capital, Warsaw.
The 6.7km section is located in the city centre and includes seven stations plus a 400m connecting tunnel between the new and the old metro lines. As part of this loan agreement, the EIB is also supporting the expansion of the existing Kabaty metro depot to cater for the additional rolling stock that will be necessary to operate the new line.
The installation of a train traffic control system, telecommunication and fare collection systems are also included in the project, which is expected to be completed by 2015 at the latest.