Warsaw S7 Expressway Extension

Deal Summary

A 94km BOT concession extending the S7 expressway from Warsaw south to Radom, completing Poland's critical TEN-T corridor to the Czech border. EU Cohesion Funds cover 28% of capex. EIB provides senior debt at sub-market rates. The concession benefits from Poland's mature PPP legislation and investment-grade sovereign.

Background

The S7 is Poland's most congested national road, carrying 45,000 vehicles per day on sections with no grade separation. The extension removes the last at-grade bottleneck on the Warsaw–Kraków economic corridor. Poland's General Directorate for National Roads and Motorways (GDDKiA) co-funds construction; the private concessionaire operates the tolled expressway for 35 years.