Will the opposition give up on the CPK? PiS politician: We will not receive any money from the KPO

As Marcin Horała argues, abandoning the Central Communication Port project will entail huge losses.

The Civic Platform wants to stop the Central Communication Port project. Party politicians were already talking about it before the elections. Now their demands have a chance to be implemented.

– The implementation of the CPK should be suspended. The enormous amounts of money that have been wasted must be taken into account. This project must be reviewed by experts and then final decisions must be made. But to answer zero and one: yes, this project will be stopped. We still have to see which contracts have been signed, said Marcin Kierwiński.

Horała: Huge costs

Meanwhile, the government representative of the Central Communications Port states that halting the entire project at this stage would entail huge losses.

– If the opposition were to cancel this project, the costs would be enormous, so large that they are difficult to estimate. Firstly, the few billions already wasted on design, planning, initial implementation and construction works, as well as on contractual obligations […]. About half a billion zlotys in EU funding would now have to be repaid if these projects were halted, he pointed out.

In addition, Poland could also lose some money from the National Reconstruction Plan, as some projects related to the construction of a huge airport have money from this program in their funding sources.

– Failure to implement it means not meeting the milestones and not meeting the conditions and criteria of the second or third payment application, Horała said.

New investor

On Tuesday, Horała announced an investor willing to spend up to PLN 8 billion to finance the CPK.

The entire investment must be financed for 60%. from debt instruments, and 40 percent from the capital obtained from the sale of shares in CPK-Lotnisko, which will manage the entire facility. Of this 40 percent, a minority stake (49%) goes to private investors who are willing to invest money. The majority of the shares (51%) will belong to the state treasury.

Source: Do Rzeczy