Kraków Fast Tramway – Stage IV PPP

14/6/2017
PPP, Project development

Zl 400 million

$ 105.170 million

Announced

14/6/2017


Overview:

  • Kraków Fast Tram – Stage IV PPP.
  • The project is the latest stage of the wider project in the city. The first fast tram line was opened in 2008.
  • Trams have been running in the city since 1882, with the fast trams the latest stage in the development of the city's transport network.
  • The fast tram network consists of exclusive tram tracks and a 1.4km tunnel under the central rail station.
  • The project is the first time a PPP has been used as the structure for a fast tram line.
  • EU funding may be sought for the project, which is expected to cost Zl400 million.

Sam Duke - Editor

Jurisdiction:

Poland

Deal types:

PPP
Project development

Practice area:

Project development

Governing law:

Poland

Industry sector:

Transport


Firms:

Party: Vinci Concessions (Project developer)

Lawyer: Marcin Bejm


Party: Ministry of Development Poland (Grantor)

Party: City of Kraków (Grantor)