EIB agrees €350m loan to finance Warsaw Metro line II

The European Investment Bank has agreed a €350 million (PLN1.5 billion) loan to the City of Warsaw to co-finance a 16.4km extension of Metro line II.

The overall financing is the third big EIB loan to Warsaw for the creation of a modern metro network. The EU bank has already financed in 2012 and 2013 the construction of the central section of the second metro line, as well as the purchase of rolling stock for both metro lines.