EBRD, ING finance new railcars for metro expansion
The European Bank for Reconstruction and Development and ING are co-financing the acquisition of up to 45 new railcars to support the expansion of Warsaw's metro network.
The PLN392.5 million (€87.2 million equivalent) loan - which is being split equally between the EBRD and ING - is part of a wider financing package from the European Investment Bank and the European Union.
Up to 45 new metro trains will be put on the tracks of the extended Metro Line II, which is currently under construction, and will partially replace the old rolling stock operating on Line I. With daily traffic expected to reach 200,000 passengers, the new metro line will connect the city centre with residential and commercial areas that host over 40 per cent of Warsaw’s population.
