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

  • Polish programme of road development
    September 2, 2015
    A series of major road projects is now getting underway in Poland, while tenders for new projects are also opening. Estimates suggest that the construction of six new ring-roads in the Opolszczyzna region will cost some €356 million. These ring roads all form part of the 2014-2023 National Road Construction Programme. The first projects to be carried out will be for the ring-roads around Mysliny and Niemodlina. In all, the National Road Construction Programme will include the building of 57 ring-roads.
  • Colombia dual carriageway concession awarded
    January 29, 2021
    A key Colombian dual carriageway concession has been awarded.
  • A11 Belgium motorway is first EIB Project Bond Initiative funded project
    March 27, 2014
    Belgium’s €577.9 million A11 motorway Public-Private Partnership (PPP) project has become the first greenfield infrastructure works to receive credit enhancement under the European Commission and EIB (European Investment Bank) Project Bond Initiative. The financing, secured by an EIB letter of credit, is part of the test phase for the 2012 Brussels-launched Project Bond Initiative aiming to invigorate capital market financing for infrastructure projects. The A11 motorway is due for completion in 2018. The
  • Romanian road project
    February 29, 2012
    Romania's new Basarab-Constanta highway stretch and the Constanta ring road will be partially open for traffic in July 2011.