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Home›Business & Finance›EU Invests in Infrastructure Projects in Poland
Business & Finance

April 4, 2019 · about 7 years ago

EU Invests in Infrastructure Projects in Poland

The European Commission has adopted €4 billion investment package for infrastructure projects across 10 Member States. According to the release, the EU Cohesion Policy is investing €4 billion of EU funds in 25 large infrastructure projects in Bulgaria, Czechia, Germany, Greece, Hungary, Italy, Malta

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The European Commission has adopted €4 billion investment package for infrastructure projects across 10 Member States.

According to the release, the EU Cohesion Policy is investing €4 billion of EU funds in 25 large infrastructure projects in Bulgaria, Czechia, Germany, Greece, Hungary, Italy, Malta, Poland, Portugal and Romania.

The projects cover a wide range of areas: health, transport, research, maritime, environment and energy. With national co-financing, the total investment in these projects amounts to €8 billion.

Commissioner for Regional Policy Corina Creţu said: “ In the current budget period, I have adopted 258 large infrastructure projects worth €32 billion of EU funds; they are, in a way, the ambassadors of Cohesion Policy and I’m proud of each and every one of them .”

In the field of maritime transports, €155 million will increase the safety of operations in the Port of Gdańsk, Pomorskie, with upgraded breakwater structures.

Additionally, almost €65 million will help build or modernize quays and hydro-technical engineering structures in the Port of Gdynia, increasing traffic safety.

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