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PKP S.A. Participates in Debate on Rail Funding in Brussels. Here's All You Need to Know

PKP S.A. Participates in Debate on Rail Funding in Brussels. Here's All You Need to Know
photo: PKP S.A./PKP S.A. Participates in Debate on Rail Funding in Brussels. Here's All You Need to Know
02 / 12 / 2022

Krzysztof Mamiński, President of the Management Board of Polskie Koleje Państwowe S.A., participated in a debate in the European Parliament on 30 November. The meeting discussed issues concerning the stable financing of railways and investment in the sector. These are issues that are important both for the European railway sector and for Europe as a whole.

The meeting was organized by Bogdan Rzońca, a Member of the European Parliament, in cooperation with Alberto Mazzola, Managing Director of the Community of European Railways and Infrastructure Managers (CER). The debate was also attended by Andrzej Bittel, Deputy Minister of Infrastructure, and Tomasz Lachowicz, Director of the PKP Representation in Belgium. Participants in the debate noted that rail, as an environmentally-friendly and efficient means of transport for moving people and goods, has a fundamental role to play in the decarbonization of the transport sector, as well as in the economic growth of the European Union. A key prerequisite for this to happen is stable and long-term funding for the railways. Details of this issue are presented in a report prepared jointly by President Krzysztof Mamiński and Professor Jana Pieriegud of the Warsaw School of Economics.

"The need for investment in rail transport exists at all levels: European, national, regional, and urban. Bold and effective political decisions at both EU and national levels are needed to maintain competitiveness and create a sustainable European transport system, including outside the EU. The rail sector itself also needs to do its homework, i.e., complete its part of the TEN-T network, improve cost efficiency through digitization and innovation, and solve interoperability problems and capacity constraints. It should also respond to changing customer needs and new safety challenges with sustainable and cost-effective solutions. The Polish railway as well as the EU railway sector are ready for discussion and action, and look forward to important political decisions at the level of the EU institutions,' said President Mamiński.

"I would like to emphasize that we plan to maintain high and stable expenditures on railway investments. However, the scale of these investments will also depend on the available allocation of EU funds for railway projects and the finalization of work on defining the rules for the preparation, assessment, and selection of projects within the 2021-2027 perspective," said Deputy Infrastructure Minister Andrzej Bittel.

Another area, besides proper funding of the railways, affecting its development is appropriate legal regulations for all modes of transport.

"The implementation of appropriate EU regulations and provisions ensuring a competitive balance between all modes of transport, together with appropriate long-term financing of EU railway investments, is crucial and necessary for the further development of the railway sector in Europe and the future of railways. Thus, it will contribute to building the resilience of European Union countries to global crises and counteracting negative climate change," added Krzysztof Mamiński.

Source: PKP S.A. Press Releases