Skip to main content

EIB lends €900mn for Poland’s S7 and S8 dual carriageways

Polish state-owned Bank Gospodarstwa Krajowego (BGK) has signed a €900 million loan agreement with the European Investment Bank (EIB). The money from the loan will be allocated via the National Road Fund (KFD) in the construction of S7 and S8 dual carriageways. The three-section S7 carriageway will be 90.5km long, while the four-section S8 carriageway will stretch over 301km. Both routes will be part of the Trans-European Networks (TEN) system.
December 14, 2012 Read time: 1 min
Polish state-owned Bank Gospodarstwa Krajowego (BGK) has signed a €900 million loan agreement with the 1054 European Investment Bank (EIB).

The money from the loan will be allocated via the National Road Fund (KFD) in the construction of S7 and S8 dual carriageways. The three-section S7 carriageway will be 90.5km long, while the four-section S8 carriageway will stretch over 301km. Both routes will be part of the Trans-European Networks (TEN) system.

For more information on companies in this article

Related Content

  • Morocco motorway project funding secured
    March 12, 2019
    Funding has been secured for two motorway widening projects in Morocco.
  • Funding problems for major Polish highway project
    May 9, 2012
    The long tale of woe concerning Poland’s troubled A2 highway project looks set to continue with the latest developments in the case. The Chinese contractor China Overseas Engineering Group Co (Covec) is appealing against a decision made by the Polish national road authority GDDKiA. The Polish authorities cancelled the contract that COVEC had previously been awarded to build a section of the A2 highway between Warsaw and Lodz.
  • Hungarian highway getting underway
    April 25, 2012
    Work to construct a new stretch of Hungary’s M43 highway, linking Mako and Csanadpalota/Nagylak on the Romanian border, is costing some €212 million. The cost of the work is being split 39% and 61% by Hungarian state funds and EU funding respectively. Construction work on the 23km long section will be completed by the end of 2014. The project has to be approved by the European Commission (EC), as it will form part of the trans-European transport network (TEN-T). Plans are to be submitted to the EU by the Hu
  • Completion due shortly for UK’s A30 project
    February 11, 2025
    Completion of the UK’s A30 upgrade project is due shortly.