On 26 September, the European Investment Bank has signed the PLN 4415 million (EUR 1037 million) funding for the extension of Warsaw Metro Line 2.
EUR 2 billion (PLN 8.8 billion) is the value of the project which envisages the construction of a 16.4 km long extension of metro line II in Warsaw, served by 14 stations. The EIB funding will also support the procurement of 37 metro trains which will enter services on the new line, as well as the acquisition of 22 trains which will replace the existing ones used on the first metro line. In addition, the loan will also support the construction of a depot in Mory.
The project consists of extensions of the second metro line in Warsaw, with the first phase being financed under two EIB operations – the Warsaw II Metro Line infrastructure and Warsaw Metro rolling stock, and involved the construction of the central section under the Vistula River and the city centre; this was completed recently.
The second phase involves the construction of extensions on both sides of the central section. The works are expected to start soon. It includes approximately 15 km of metro line, 14 new stations and a depot. The project also includes the acquisition of 59 new metro rolling stock units partially to increase the fleet and replacing existing obsolete trains. As with the central section, the promoter intends to use a mix of funding from the EU (Cohesion Fund), the EIB and its own resources.