The government of Poland has given more details on its plan to build an international airport for Warsaw, first announced in 2017 and due to be open for business in 2027.
According to local media reports, the €2.8bn cost of the first phase Central Transportation Port (CPK) will be financed mainly by Treasury bonds.
The total cost of the project, including road and rail infrastructure, is expected to come to about $7bn.
Work on assembling the 3,000ha site will begin this year, and a masterplan will be completed in 2021. The environmental impact assessment and a design for the passenger terminal should be completed in 2023.
CPK will bring together road, rail and air transport links, including the A2 motorway, the existing Central Railway Line and a future high-speed link between Berlin and Moscow.
The passenger capacity of the airport will be 50 million a year, increasing to 100 million as further stages are completed.
This will relieve pressure on Warsaw Chopin Airport, which is presently operating at its 20 million passenger capacity.
Marcin HoraÅ‚a, the government minister who is overseeing CPK, said earlier this month that an analysis of similar projects in Hong Kong, Frankfurt and Munich led him to believe that the hub would generate 300,000 jobs and add $250bn to the country’s GDP by 2040.
Image: The departure lounge at Warsaw Chopin airport, which is operating close to its passenger capacity (Adrian Grycuk/CC BY-SA 3.0 PL)