Poland Infrastructure Report Q4 2009

Executive Summary ......................5
Market Overview............................7
Poland ............................................ 7
Global Overview ............................9
Governments To The Rescue: The Global Surge In Infrastructure Spending................................................ 9
Table: Infrastructure Stimulus Plans List ......................................... 10
SWOT Analysis............................16
Poland Infrastructure Industry SWOT .............................................. 16
Poland Political SWOT............ 17
Poland Economic SWOT.......... 17
Poland Business Environment SWOT ............................................... 18
Major Infrastructure Developments and Key Projects ......................19
Transport Infrastructure Overview........................................................ 19
Road Works ............................. 19
Railway Corridors ................... 21
By Air, Sea And Water ............. 22
New And Ongoing Projects...... 23
Airports.................................... 23
Road Networks......................... 24
Rail Networks .......................... 29
Table: Poland – Major Infrastructure Projects – Transport............. 30
Energy And Utilities Infrastructure Overview........................................ 34
Supply Meets Demand With A Little Left Over.................................. 34
New And Ongoing Projects...... 38
Power Plants And Transmission Grids ............................................. 38
Pipelines .................................. 45
Water ....................................... 45
Table: Poland – Major Infrastructure Projects – Energy & Utilities.......................................................... 46
Construction Overview ................. 50
New And Ongoing Projects...... 52
Residential Construction.......... 52
Commercial Construction........ 53
Industrial Construction............ 55
Tourism Construction .............. 56
Table: Poland – Major Infrastructure Projects – Construction ......... 56
Special Events............................... 60
Euro 2012 ................................ 60
Overview.................................. 60
Updates.................................... 60
Table: Euro 2012 Stadia.......... 62
Industry Forecast Scenario .........63
Table: Poland--Infrastructure Industry Forecast.............................. 63
Business Environment ...............65
Regional Overview – Eastern Europe.................................................... 65
Table: Regional Infrastructure Business Environment Ratings......... 69
Limits of Potential Returns ...... 69
Risk To Realisation Of Potential Returns.......................................... 70
Infrastructure Project Finance Ratings: Outlook For Eastern Europe... 71
Table: Design And Construction Rating ........................................... 73
Table: Commissioning And Operating Rating .................................. 74
Table: Overall Project Finance Rating............................................. 76
Foreign Direct Investment ............ 77
Labour Force................................ 78
Legal Framework.......................... 79
Tax Regime ................................... 79
Corruption .................................... 80
Macroeconomic Climate.............81
Table: Poland - Economic Activity ................................................... 82
Political Outlook..........................83
Company Monitor........................85
Budimex ................................... 85
Mostostal Warszawa................ 88
Skanska Poland........................ 90