PKP PLK has attempted to estimate how much it will cost to prepare the railways for EURO 2012. There are plans to modernize several hundreds kilometers of railways connecting the cities where matches are going to be played. Trains would go there at 200km/h. The majority of modernizations had already been planned before in the program “Infrastructure and environment”. However, works will have to be ended two years earlier than planned. On Friday, PKP PLK sent a letter to the Ministry of Transport with the recent cost estimates. They are EUR 700m higher than the program “Infrastructure and environment” provided for. In addition, the new estimates do not take into account rising costs of labor and materials. Estimates say that they will increase the costs by 30-50 percent.
Today, the modernization is supposed to cost EUR 6.235 billion. After the updates, it will amount to EUR 10 billion most probably.