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

  • David Barwell suggests six steps for closing the UK funding gap
    January 11, 2019
    Six steps for closing the UK funding gap Plenty of private money is seeking UK investment opportunities. The government and the infrastructure sector in general must make projects more attractive, writes David Barwell* It is widely acknowledged that the UK faces mounting economic, environmental and social problems if the nation's infrastructure fails to meet present and future demands. Government estimates propose that almost €561 billion is required to bridge the infrastructure funding gap. As part o
    Read More
  • Major Europe-Asia bridge connection in Turkey
    July 1, 2014
    The 3rd Bosporus Bridge and the Northern Marmara Motorway will improve transport links between Europe and Asia and cut chronic congestion in Istanbul, Turkey’s largest city - Mike Woof reports Work is now well underway on the 3rd Bosporus Bridge and the Northern Marmara Motorway, providing a new link for Turkish city Istanbul and the region as a whole. This enormous bridge and highway project is breaking several records for Turkey in terms of scale, as well as setting a number of international records for e
    Read More
  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
    Read More
  • EU Commission adopts plan for €50 billion boost to European networks
    May 2, 2012
    The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.
    Read More

Highlighted Content