Euro 2012 – Ukraine and Poland

October 31, 2007

Gdansk: more than PLN 5bn in investments prior to Euro 2012

Filed under: Poland — Ivan @ 3:13 am

Gdansk’s local authorities have published a list of priority investments connected with the organisation of Euro 2012 matches in the city. According to estimates, these investments will absorb 70-75% of the Long-Term Investment Plan for 2008-2012, which boasts a total budget of more than PLN 5.2bn (€1.4bn).
The most pressing concerns detailed in the list are the construction of the Baltic Arena stadium, the reconstruction of the airport and approach roads as well as investments in the city’s tourist base. The city’s local authorities calculate that the stadium will require outlays of around PLN 660m (€182.3m), while expansion of Lechia football club’s existing stadium, which will serve as a training base for Euro 2012 participants, will set the authorities back another PLN 30.9m (€8.5m). Work is due to get underway on the new stadium in 2008 and take two years to complete. The stadium together with auxilliary structures will stand on a 40 ha plot in the city’s Letnica district, which is currently the site of garden allotments. The investment will also include revitalising the district itself.

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