The second tranche of CPK's recapitalisation will enable the company to continue its key investment projects. These relate in particular to the sub-programmes: airport, railway, real estate and development of the surrounding area, as well as development investments.
As a special purpose vehicle, CPK carries out statutory investment tasks that require expenditure from the state budget. Without the funds provided, it would not be possible to carry them out.
Maciej Lasek, government plenipotentiary for the CPK, secretary of state in the Ministry of Infrastructure
We will soon decide on the procedure for tunnelling the High-Speed Railway in Łódź, finalise the purchase of land for the airport, and start similar purchases for properties located on the route of the Warsaw – CPK – Łódź KDP line. We are also preparing to announce tenders for the construction of the airport, and this is only a small part of the company's ongoing work that requires funding.
Dr Filip Czernicki, CEO, CPK
The funds provided will enable the company to adapt the design documentation for the terminal, railway station and interchange to the new traffic forecasts developed by the International Air Transport Association (IATA). Preparatory work for the construction of the airport will continue, including the purchase and commissioning of a baggage handling system (BHS) and the provision of power supply to the target airport. Thanks to the recapitalisation, it will be possible to continue acquiring real estate for the airport, the Cargo zone and Airport City, as well as the construction of road infrastructure, including transport corridors for the duration of the construction of the airport.
In the area of railway investments, the funds from the second tranche of recapitalisation will be mainly allocated to tasks related to the implementation of the key STH ‘Y’ line project, which will connect Warsaw, the STH Airport and Łódź, as well as Wrocław and Poznań.
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