CPK unveils mega investment plan to buy more than 100 high speed trains

Maria Rose Posted on: 2023-11-10 13:05:00 Viewer: 2,351 Comments: 0 Country: Poland City: Warsaw

CPK unveils mega investment plan to buy more than 100 high speed trains

Warsaw, Poland (Urban Transport News): In a groundbreaking move, the Polish government has given the green light to the CPK rolling stock resolution, signaling a significant leap forward in the country's high-speed rail (HSR) ambitions. The CPK rolling stock company is set to acquire over 100 electric multiple units, transforming the landscape of rail travel in Poland.

A Leap Towards High-Speed Rail

The heart of this resolution lies in the establishment of a subsidiary by CPK, tasked with procuring and managing the rolling stock essential for the forthcoming HSR lines. These lines are pivotal components of CPK's broader rail investments, with a focus on enhancing rail networks, slashing journey times, and boosting the overall share of rail transport.

Cutting-Edge Features

The newly approved high-speed trains are designed to operate at speeds of up to 250 km/h. They will boast dual power systems, ensuring adaptability to different rail environments. Noteworthy features include a state-of-the-art passenger information system, integrating airport data, and emphasizing energy efficiency and optimal passenger comfort.

"Even the best railway infrastructure cannot function without modern trains. Therefore, the purchase of rolling stock for the CPK lines should be conducted in a well-thought-out and comprehensive manner. We are convinced that Polish companies will be involved in the manufacture of the trains and that this purchase should also form a boost for our economy," said the Deputy Minister of Funds and Regional Policy, Marcin Horała, the government plenipotentiary for CPK.

Meeting Stringent Standards

Safety and quality are at the forefront of this initiative. The rolling stock is mandated to comply with the technical specifications for interoperability (TSI). Key technical and quality requirements include accessibility for people with disabilities, energy efficiency, compatibility with safety systems, and adherence to the latest European Train Control System (ETCS) interoperability standards.

Boosting the Economy

In a statement by Marcin Horała, the Deputy Minister of Funds and Regional Policy, the government emphasizes the significance of involving Polish companies in the manufacturing process. The move is not just about advancing rail infrastructure; it's a strategic boost to the national economy.

Rolling Stock Pool Concept

One noteworthy aspect of this resolution is the introduction of a rolling stock pool, a proven model in Western European railway markets. This system involves a company, in this case, CPK, establishing a pool of trains that can be leased to various railway operators. This approach optimizes capital expenditure for operators and promotes sustainable growth.

"Implementation of the railway component under the CPK programme will generate demand for modern rolling stock currently unavailable on the Polish market. CPK is the first project that takes a comprehensive approach to rail transport, creating opportunities for railway operators to save on capital expenditure and grow at the same time. We believe that, as with the approach to liberalising the rail market, it is worth taking advantage of international experience and know-how. The rolling stock pool concept is an attractive option allowing operators to lease modern rolling stock adapted to the CPK infrastructure," said Mikołaj Wild, CEO of CPK.

Financial Landscape

To bring this vision to fruition, CPK's rolling stock company is open to attracting minority investors, be they private or public entities. Financing is expected to come from various sources, including banks, investment funds, insurance companies, and pension funds.

Estimated Investments

The estimated investment outlay for new railway vehicles between 2024 and 2030 is a substantial PLN 8.7 billion. Looking ahead to 2035, this figure could range from PLN 16 to 20 billion. These investments are poised to inject significant capital into the Polish economy, benefitting rolling stock manufacturers and system sub-suppliers.

The "CPK Effect"

The CPK effect, as coined by analysts, anticipates a dynamic surge in rail passengers once Poland's first HSR connections become operational. Forecasts suggest a doubling of long-distance train passengers in Poland by 2050, creating a heightened demand for modern rolling stock.

Conclusion

As Poland propels itself into a new era of rail travel, the CPK rolling stock resolution stands as a testament to the nation's commitment to cutting-edge technology, economic growth, and a sustainable future. With a comprehensive approach to rail transport, this initiative is set to redefine Poland's transportation landscape for years to come.





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