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10/30/2018 12:00:00 AM

Millions for intermodal

The PKP CARGO Group has been awarded co-financing of nearly PLN 300 million for three of its intermodal investment projects.

The funds will be provided by the EU programme Infrastructure and Environment 2014-2020. The above amount will cover approximately half of the expenditures planned for all the projects. Two of the tasks will be performed by PKP CARGO S.A. The first one is the purchase of multi-system locomotives and wagons for intermodal transport. In this case, the co-financing will amount to almost PLN 92.4 million. The second task is related to the purchase of intermodal platforms, for which PKP CARGO S.A. will receive EU funds of nearly PLN 183.5 million.

The third project will be handled by PKP CARGO Centrum Logistyczne Małaszewicze. The co-financing of over PLN 12.8 million will be used for the modernization and extension of the intermodal terminal in Małaszewicze and the purchase of equipment.

All projects have been submitted in a competition conducted by the Centre for EU Transport Projects, the results of which have been approved by the Ministry of Investment and Economic Development. An agreement concerning the co-financing of those projects will be signed soon.

– We are happy that the projects submitted by the PKP CARGO Group have received high scores. The co-financing that we will receive will help us implement the Group’s development strategy, in which development of intermodal transport in Poland and abroad is one of the key priorities – said Czesław Warsewicz, CEO of PKP CARGO S.A. – This sector of rail transport has experienced very dynamic growth and I am certain that clients will increasingly order more intermodal services. This is why we are preparing the terminal in Małaszewicze to handle a larger stream of containers transported between China and the European Union as part of the New Silk Road – adds Warsewicz.

The CEO notes that the three projects co-financed by the Centre for EU Transport Projects are not the only investment projects implemented by the PKP CARGO Group in the intermodal transport segment. Besides, PKP CARGO did not wait for the results of the Centre for EU Transport Projects’ competition: it has already purchased new Dragon 2 locomotives from Newag and in September last year it launched a tender to purchase about one thousand intermodal platforms.

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