A big injection for CPK. PLN 3.5 billion for project development
The Ministry of Finance issued bonds worth PLN 3.5 billion to increase the share capital of CPK. The funds support key design work.
The Ministry of Finance announced that on December 16, 2024, treasury bonds with a nominal value of PLN 3.5 billion were issued. These funds were allocated to increasing the share capital of the Central Communication Port (CPK). This decision is the implementation of the announcement of Prime Minister Donald Tusk, who at the end of November announced a plan to allocate billions of zlotys for the development of this key infrastructure investment.
Decision on bonds for CPK
The Ministry of Finance confirmed in its announcement that the bond issue is intended to support project activities and preparatory work related to the implementation of the CPK. In particular, the funds will be allocated to the design of the airport terminal, railway station, transfer hub and connection network.
Work on the CPK was suspended by the previous government in the fourth quarter of 2023. The recapitalization of the company planned at that time with the amount of PLN 7 billion ultimately amounted to only PLN 3.7 billion. The current government decision aims to restore full financing of the project.
CPK – a strategic investment for Poland
The Central Communication Port is Poland’s flagship infrastructure project, the implementation of which is supervised by a State Treasury company reporting to the Government Plenipotentiary for the CPK. As part of this investment, a central airport located between Warsaw and Łódź will be built, as well as a high-speed rail system and accompanying road and transmission infrastructure.
CPK is to be one of the largest airports in Central and Eastern Europe, initially designed to handle 34 million passengers a year. The project also provides for further expansion to meet future market needs.
Project costs and prospects
The implementation of the CPK, together with accompanying investments, was valued at PLN 131.7 billion by 2032. These measures include both the construction of a new airport and the modernization of the railway network, including the implementation of high-speed railways, which are expected to significantly increase transport accessibility in Poland.
Thanks to the new financing, CPK can continue design and preparatory work. The decision of the Ministry of Finance is a key step towards the implementation of one of the most important infrastructure projects in the history of Poland.