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

  • Loan for Bosnia motorway project
    May 9, 2019
    A loan agreement has been signed to help pay for a new motorway project in Bosnia and Herzegovina. The European Bank for Reconstruction and Development (EBRD) is providing the Bosnia and Herzegovina Government with a loan worth €210 million for next stage of Corridor Vc project. According to the EBRD, Bosnia and Herzegovina’s further economic integration with the Western Balkans and the rest of Europe will take an important step forward due to this loan for. The development of Corridor Vc is a strategic
    Read More
  • Implementation of road building projects in Russia’s Moscow may be significantly delayed
    May 15, 2014
    Implementation of some large-scale investment projects for road building in Russia’s capital Moscow may be significantly delayed A series of major documentation issues are the cause of the problem. These have delayed projects for up to nine tenders on the total sum of US$2.6 billion (95 billion rubles), with anomalies having been found by the Russian Federal Anti-Monopoly Service.
    Read More
  • Ireland's budgert cuts impact on road projects
    May 14, 2012
    Ireland’s government is undergoing a period of belt-tightening, with a string of budget cuts that will directly impact on the transport sector. The country was in the process of spending heavily on its infrastructure but with the tough economic climate it is now facing, a number of road projects are among those facing the axe. The Irish government is slashing its infrastructure spending from €39.6 billion to €22.9 billion between now and 2013. This looks likely to result in 40 road projects, including hig
    Read More
  • Healthy bidding for Poland's highway construction
    May 14, 2012
    Bidding is healthy for a section of dual carriageway in Poland linking Kurow with Lublin. The section is 60km long and has been divided by the Polish General Directorate for National Roads and Motorways (GDDKiA) into five separate bids.
    Read More

Highlighted Content