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Image header Agence Europe
Europe Daily Bulletin No. 10518
Contents Publication in full By article 15 / 38
SECTORAL POLICY / (ae) transport

€600 million loan goes to A4 motorway in Poland

Brussels, 16/12/2011 (Agence Europe) - On Thursday 15 December, the European Investment Bank (EIB) granted a loan of €600 million for the construction in the south-east of the country of an extension to the A4 motorway and S17 expressway.

EIB funding will facilitate the construction of 88 km of the A4 motorway between Rzeszow and Korczowa. This section is part of the 730 km-long priority trans-European transport corridor crossing southern Poland from Germany to the Ukraine, and by-passing the cities of Wroclaw, Opole, Gliwice, Katowice and Krakow through the industrial region of Silesia. The loan will also finance 67 km of the S17 expressway between Kurow, Lublin and Piaski. The S17 is also part of the trans-European network and will eventually lead from Warsaw to Lublin and the Polish-Ukrainian border. Works on both road schemes are expected to be completed by 2014.

“The new motorway and expressway sections will result in time savings and vehicle operating cost reductions for road users and increase transport capacity with positive implications for the environment”, the EIB states in a press release. (OL/transl.jl).

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SOVEREIGN DEBT CRISIS
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EUROPEAN PARLIAMENT PLENARY
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