Poland to invest EUR 6.6 bn in infrastructure in 2020

Polish government intends to invest PLN 30 bn (EUR 6.6 bn) in roads and railway infrastructure in 2020, said the Chair of the Green New Deal Task Force at the Polish Ministry of Infrastructure and Development, Tomasz Gontarz.

The Ministry is planning to sign contracts worth PLN 11 bn (EUR 2.5 bn) for railway development and PLN 19 billion (EUR 4.1 bn) for highway construction, added Mr. Gontarz.

In the upcoming months, European countries will experience the results of the economic crisis caused by the coronavirus pandemic. Governments are preparing various solutions aimed at helping businesses and the whole economy to survive with the least possible damage.

Recovery programme for the rail and bus industry

The Polish government recently revealed the “anti-crisis shield” program, for the economic recovery of Polish businesses and entrepreneurs. On Sunday, Mr. Gontarz announced on Polish state radio that the government will soon unveil the third phase of the “anti-crisis shield”, aimed at supporting the rail and bus transportation industry.

The government is hoping that the investment in transportation infrastructure will propel Polish economy once the coronavirus-related lockdown is lifted.