Krakow cracks on with funding for bypass, including Trasa Lagiewnicka

The Polish government has secured around €345 million for construction of Krakow's 15km Northern Ring-Road. Work is expected to start in 2019 and completion is set for 2022, according to Polish media. Meanwhile, Trasa Lagiewnicka, the company in charge of constructing a section of Krakow’s third ring road – one of four concentric ring roads, is looking to secure European Union money for the project. The section – called Trasa Lagiewnicka, after the company that will build it, will be 3.7km long and inclu
September 13, 2016 Read time: 1 min
The Polish government has secured around €345 million for construction of Krakow's 15km Northern Ring-Road. Work is expected to start in 2019 and completion is set for 2022, according to Polish media.

Meanwhile, Trasa Lagiewnicka, the company in charge of constructing a section of Krakow’s third ring road – one of four concentric ring roads, is looking to secure European Union money for the project. The section – called Trasa Lagiewnicka, after the company that will build it, will be 3.7km long and include construction of a 1.7km tramway.

The company hopes to secure funds from the European Fund for Strategic Investments which is managed by the European Investment Bank, to cover half the project's costs estimated at around €300 million.

Completion of its first stage is set for the end of 2020.
Finance & Funding

Related Content

  • Kenya rehabilitates, widens, tolls Northern Corridor
    November 8, 2017
    A massive highway project in Kenya will boost transport for the country as well as its neighbours - Shem Oirere reports. Kenya has commenced the process of rehabilitating, expanding and tolling of 657km of East Africa’s Northern Corridor that is anchored on the Indian Ocean port of Mombasa and which links the gateway with landlocked countries of Uganda, Rwanda, Burundi and parts of eastern Democratic Republic of Congo (DRC).
    Read More
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • Ukraine’s shattered highways
    July 26, 2024
    With no end to its war with Russia in sight, Ukraine is also fighting hard to cope with a growing backlog of major infrastructure projects, especially in terms of rebuilding the country’s roads and bridges. David Arminas reports.
    Read More
  • Slovakia: early 2017 restart for work on the Cebrat Tunnel
    May 27, 2016
    Roman Brecely, Slovakia’s transport minister, has said that construction of the 2km long motorway tunnel Cebrat near Ruzomberok could be resumed at the beginning of 2017. But the cost is expected to increase by around €100 million. He added that the government likely will seek European Union funding. Construction was halted a year ago over concerns about the possibility of landslides and other geological issues. For this reason, the tunnel route may alter and be an additional 1.5km longer. The tunn
    Read More

Highlighted Content