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Railway Restructuring (PKP) Project

Sector: Mass Transit • Location: Poland

Source: World Bank Group

Project
Closed

The Railway Restructuring Project aims to restructure Polish State Railways' (PKP) to increase efficiency, improve finances, and privatize selected activities within a sound regulatory framework. The project consists of three components. The first component will support temporary income support measures, which will be offered as part of the comprehensive restructuring, commercialization, and parti

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The project “Railway Restructuring (PKP) Project” is an infrastructure initiative in the Mass Transit sector, located in Poland. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

closed

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Description

Description

The Railway Restructuring Project aims to restructure Polish State Railways' (PKP) to increase efficiency, improve finances, and privatize selected activities within a sound regulatory framework. The project consists of three components. The first component will support temporary income support measures, which will be offered as part of the comprehensive restructuring, commercialization, and partial privatization of PKP. These measures are made up of general social benefits from existing general income support programs, and special severance packages anticipated for PKP layoffs. The second component will support the Labor Redeployment Programs, which are made up of re-qualification training as well as professional and social advice and other forms of professional guidance. These include general labor redeployment programs, and special labor redeployment programs anticipated for PKP layoffs. The third component will support technical assistance to advise the Ministry of Transport and the main railway enterprises on the organizational, legal, regulatory, financial, and social aspects of the program.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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