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 tender
    April 24, 2012
    The authorities in Morocco are now assessing 13 bids submitted in the tender for a new highway between El Jadida and Safi. The 141km road will cost some US$640 million to build. The project will be divided into four sections, the 20.6km El Jadida-Jorf Lasfar stretch, the 39.2km Jorf Lasfar-Sidi Smail stretch, the 38.85km Sidi Smail-Oualidia stretch and the 43.5km Oualidia-Safi stretch. The road will include six junctions and a toll barrier. The contract will be divided between the winning operators selected
    Read More
  • New Polish highway projects are being planned
    August 11, 2014
    Plans are moving forward for two key highway projects in Poland. The Polish General Directorate for National Roads and Motorways (GDDKiA) says that the best offer for the construction of the Rzeszow - Jaroslaw section of the A4 highway has been submitted by a consortium comprising contractors Budimex and Strabag. The deal is worth some €170.63 million. Meanwhile Italian construction company Astaldi has signed a contract worth €103.23 million with GDDKiA for the S8 dual carriageway. The section of road will
    Read More
  • Romanian road deal
    February 29, 2012
    In Romania the road authorities have signed a deal for the construction of a 22km stretch of highway in a contract worth €91 million.
    Read More
  • Poland tenders for Czestochowa A1 motorway section
    June 18, 2019
    Poland’s General Directorate for National Roads and Motorways (GDDKiA) reports that that the three bids for the Czestochowa A1 motorway section exceed the agency’s budget. The least expensive bid was nearly €101 million, submitted by a consortium of Strabag Infrastruktura Poludnie, Budimex and Budpol. Lemar bid around €121 million while Intercor bid €159 million. GDDKiA said that the bids will not automatically be rejected. Earlier this year GDDKiA terminated its contract with Salini Polska, signed
    Read More

Highlighted Content