Coupling up
Investment & financePOLAND The top executives of the Polish State Railways (PKP) have recently been travelling (probably by train) from the Baltic Sea to the Tatra mountains in order to properly evaluate the investment potential of Polish railways and their surrounding areas.
In just the last few weeks PKP has started searching for partners to carry out development projects in Wrocław, Gdynia and Kraków, among other locations. “This year we are planning to issue six to eight further invitations for investors to cooperate with us on projects to be carried out under a similar format as those in Gdynia, Kraków and Wrocław. For example, the development of the former Warszawa Główna station and its area. We also want to carry out similar projects in smaller towns. In these locations, areas in the direct vicinity of train stations are mostly planned to feature retail development. We estimate that the total cost of the new development projects will exceed EUR 2 bln,” says Jarosław Bator, the real estate managing director of Polish State Railways.
Plotting new projectsAmong its invitations to investors, PKP is offering the development of the disused Wrocław Świebodzki station (built in 1843) located less than a kilometre away from the Wrocław
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