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Monday, May 6, 2024

European loan for Warsaw Metro extension

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Construction of Warsaw Metro’s new 6.7 km central section has secured a 238 million euro loan from the European Investment Bank (EIB).

The extension includes seven stations plus a 400m-long connecting tunnel between the new and the old metro lines.

The EIB has already agreed a loan for the purchase of new rolling stock, with Siemens presenting the first of 35 metro trains for the Polish capital last September at InnoTrans in Berlin.

In 2012, research by TomTom identified Warsaw as Europe’s most congested city.

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, the installation of a train traffic control system,as well as telecommunication and fare collection systems.

Work has already started and is expected to be complete by late 2014 early 2015.

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