Infrastructure Analysis · Poland · Port Polska · CPK · Hill International · 2026 Analiza Infrastrukturalna · Polska · Port Polska · CPK · Hill International · 2026
Fides Polonia Capital Management · Infrastructure Analysis · May 2026 Fides Polonia Capital Management · Analiza Infrastrukturalna · Maj 2026
Poland is simultaneously building a new international airport, a 350 km/h high-speed rail network, and 92 kilometres of new access roads — all as a single integrated infrastructure programme. The total cost is PLN 131 billion (~€30 billion). An American company from New Jersey is managing all of it. Construction has begun. The airport opens in 2032. Polska jednocześnie buduje nowe lotnisko międzynarodowe, sieć kolei dużych prędkości 350 km/h i 92 kilometry nowych dróg dostępowych — wszystko jako zintegrowany program infrastrukturalny. Łączny koszt to 131 miliardów PLN (~30 miliardów euro). Zarządza tym wszystkim amerykańska firma z New Jersey. Budowa się rozpoczęła. Lotnisko otwiera się w 2032 roku.
Forty kilometres southwest of Warsaw, in flat agricultural land between the villages of Baranów, Wiskitki, and Teresin, the largest infrastructure project in Central European history is taking shape. It is called Port Polska — formerly the Centralny Port Komunikacyjny (CPK), the Central Communication Port — and it is not just an airport. It is a fundamental reimagining of how Poland connects internally and to the world: a new hub airport at the geographic centre of the country, linked by high-speed rail to every major Polish city, and by new motorway-standard roads to the surrounding region. When it opens in 2032, it will instantly become one of the largest airports in Europe. An American company will have built it. Czterdzieści kilometrów na południowy zachód od Warszawy, na płaskich gruntach rolnych między wioskami Baranów, Wiskitki i Teresin, kształtuje się największy projekt infrastrukturalny w historii Europy Środkowej. Nazywa się Port Polska — dawniej Centralny Port Komunikacyjny — i nie jest tylko lotniskiem. Jest fundamentalnym przemyśleniem tego, jak Polska łączy się wewnętrznie i ze światem.
Port Polska is not simply a new airport. Understanding the full scope is essential to understanding why it is the largest investment in Central European history and why its successful delivery will transform Poland's economic geography for generations. The programme has three integrated components that must be delivered together — an airport is useless without the roads and railways that connect it, and roads and railways to an unopened airport are equally pointless. Port Polska to nie tylko nowe lotnisko. Zrozumienie pełnego zakresu jest niezbędne do zrozumienia, dlaczego jest to największa inwestycja w historii Europy Środkowej. Program ma trzy zintegrowane komponenty, które muszą być dostarczone razem.
Port Polska — Three Integrated ComponentsPort Polska — Trzy Zintegrowane Komponenty
The AirportLotnisko
New greenfield international hub airport 40km southwest of Warsaw. Two runways. Terminal designed by Foster+Partners: 450,000 m², capacity 34–44 million passengers annually in Phase 1. Underground railway station. Airport city development — hotels, offices, cargo. Target: 32+ million passengers in Year 1, 40% transit traffic. Construction start 2026, certification 2031, opening 2032.Nowe lotnisko hub na nowym miejscu, 40 km na SW od Warszawy. Dwa pasy startowe. Terminal Foster+Partners: 450 000 m². Cel: 32+ mln pasażerów w roku 1. Start budowy 2026, otwarcie 2032.
High-Speed Rail — The "Y" NetworkKolej Dużych Prędkości — Sieć "Y"
A completely new high-speed railway network forming a "Y" shape: Warsaw → Airport Hub, then splitting toward Łódź/Wrocław and Łódź/Poznań. Design speed 350 km/h — Poland's first true high-speed line. 25 kV AC electrification standard (Western European interoperability). Warsaw–Łódź travel time falls from 1h20m to ~35 minutes. Eventually links to Gdańsk, Kraków, and international connections.Zupełnie nowa sieć kolei dużych prędkości tworząca kształt "Y". Prędkość projektowa 350 km/h — pierwsza prawdziwa linia KDP w Polsce. Czas podróży Warszawa-Łódź spada do ~35 minut.
Road Network — 92km of New RoadsSieć Drogowa — 92 km Nowych Dróg
92 kilometres of new and upgraded motorway-standard roads forming the primary road network surrounding the airport site. Three contract packages: eastern access road linking to the A2 motorway, eastern airport bypass, and northern connections. Awards expected Q2 2026. Roads open 2031 alongside first HSR section ahead of airport launch.92 kilometry nowych i modernizowanych dróg klasy autostradowej tworzących główną sieć drogową wokół lotniska. Trzy pakiety kontraktowe. Drogi otwarte w 2031 roku.
Airport CityMiasto Lotniskowe
Long-term masterplan for an integrated airport city complex surrounding the hub: hotels, offices, exhibition centres, logistics parks, and commercial space. Cargo facilities capable of handling 1.5 million metric tons annually. This component transforms the CPK from an airport into a new economic district — effectively Poland's second city centre, anchored by the transport hub.Długoterminowy masterplan zintegrowanego kompleksu miasta lotniskowego: hotele, biura, centra wystawowe, parki logistyczne. Obiekty cargo zdolne do obsługi 1,5 mln ton rocznie.
The existing Warsaw Chopin Airport (WAW) currently handles approximately 19–20 million passengers per year and is operating at or near capacity. Poland's second airport, Kraków John Paul II, handles around 9 million. There is no dedicated high-speed rail in Poland — the fastest inter-city rail is approximately 200 km/h on upgraded conventional track. Port Polska is not incrementally improving Poland's transport infrastructure. It is building an entirely new tier of connectivity that did not previously exist. Obecne lotnisko Warszawa Chopin obsługuje około 19-20 milionów pasażerów rocznie i działa przy lub w pobliżu pojemności. W Polsce nie ma dedykowanych kolei dużych prędkości. Port Polska nie udoskonala stopniowo infrastruktury transportowej Polski. Buduje zupełnie nowy poziom łączności, który wcześniej nie istniał.
The CPK project was conceived and approved by the Law and Justice (PiS) government in November 2017. It became one of the flagship infrastructure commitments of the PiS era — a project to modernise Poland's transport infrastructure in a way comparable to the highway construction programme of the 2000s. When Tusk's coalition took power in December 2023, the project's future was immediately uncertain. The Tusk coalition had criticised aspects of the CPK management during the election campaign, and some coalition members were sceptical of the project's scale and financial viability.
A government review was conducted in the first half of 2024. In June 2024 the Tusk coalition confirmed that the airport element of the project would continue — a decision that resolved the uncertainty and allowed procurement to accelerate. The rail and road components were adjusted in scope and timeline but retained. The project was rebranded from CPK (Centralny Port Komunikacyjny) to Port Polska — a name change with both aesthetic and political significance: the government wanted to own the project rather than simply inheriting it. Regardless of which government started it, Port Polska is now a bipartisan national infrastructure commitment. Both PiS (which started it) and the Tusk coalition (which confirmed and accelerated it) have staked political capital on its delivery by 2032. Projekt CPK został pomyślany i zatwierdzony przez rząd PiS w listopadzie 2017 roku. Kiedy koalicja Tuska przejęła władzę w grudniu 2023 roku, przyszłość projektu była natychmiast niepewna. W czerwcu 2024 roku koalicja Tuska potwierdziła, że element lotniska projektu będzie kontynuowany. Projekt zmienił nazwę z CPK na Port Polska — zmiana z zarówno estetycznym, jak i politycznym znaczeniem.
Foster + Partners — the London-based architectural firm responsible for some of the most recognisable buildings in the world including the Gherkin in London, the Reichstag dome in Berlin, and Chek Lap Kok airport in Hong Kong — won the design competition for Port Polska's passenger terminal. Their structural engineering partner is Buro Happold. The design was finalised in October 2024.
The terminal covers 450,000 square metres — roughly the footprint of 63 football pitches — making it one of the largest terminal buildings in Europe when complete. Foster + Partners proposed two terminals in a modular construction approach: a main terminal shaped like a key, and a secondary terminal with an X-shape layout, similar in concept to their Chek Lap Kok design in Hong Kong. Both terminals are integrated with an underground railway station — meaning passengers can step off a high-speed train and be inside the terminal check-in hall in minutes without going outdoors.
Deep foundation works under the terminal are already awarded. Budimex — Poland's largest construction company — won the foundation contract for PLN 146 million in April 2026. Ground is being broken while the Hill International team begins its oversight role. The terminal's structural steel and cladding contract will be among the largest single construction awards in Polish history when it is tendered in late 2026. Foster + Partners — londyńska firma architektoniczna odpowiedzialna za niektóre z najbardziej rozpoznawalnych budynków na świecie — wygrała konkurs projektowy na terminal pasażerski Port Polska. Terminal obejmuje 450 000 metrów kwadratowych — mniej więcej ślad 63 boisk piłkarskich. Głębokie prace fundamentowe pod terminalem są już przyznane: Budimex wygrał kontrakt fundamentowy za 146 milionów PLN w kwietniu 2026 roku.
Hill International, Inc.
Mount Laurel, New Jersey · Founded 1976 · Member of Global Infrastructure Solutions, Inc.Mount Laurel, New Jersey · Założona 1976 · Część Global Infrastructure Solutions, Inc.
Hill International is not a construction company — it does not pour concrete or erect steel. It is a programme and project management company: the organisation that sits above all the individual construction contractors and makes sure that everything happens on time, within budget, and at the required quality standard. Think of it as the conductor of an orchestra — not playing any instrument itself, but ensuring that hundreds of musicians play the right notes at the right moment in the right order. At Port Polska, Hill International will be coordinating dozens of simultaneous construction contracts, each involving multiple contractors, across an airport, a railway, and a road network being built at the same time in the same geographic area.
Hill's track record includes the reconstruction of the World Trade Center in New York after September 11 — arguably the most complex and politically sensitive construction project in American history. It has managed airport construction at Los Angeles International Airport (LAWA) under a $950 million programme management contract. It has worked on the Grand Egyptian Museum in Cairo, currently the world's largest archaeological museum. It is currently managing airport development at Larnaka and Pafos airports in Cyprus. The common thread: extraordinarily complex, high-profile infrastructure projects where failure is not an option and where dozens of competing interests must be managed simultaneously.
For the Port Polska contract specifically, Hill's responsibilities include comprehensive investment management support: planning and scheduling across all construction contracts; quality control and assurance; budget monitoring and cost engineering; contract integration ensuring that the airport, rail, and road components connect correctly; preparation for airport certification in 2031; and participation in environment and community impact management throughout the project lifecycle. Hill International nie jest firmą budowlaną — nie leje betonu ani nie wznosi stali. Jest firmą zarządzania programami i projektami. Hill's track record obejmuje odbudowę World Trade Center w Nowym Jorku po 11 września, zarządzanie rozbudową lotniska na Los Angeles International Airport w ramach kontraktu za 950 milionów dolarów, Grand Egyptian Museum w Kairze i lotniska na Cyprze. Dla kontraktu Port Polska konkretnie, obowiązki Hill obejmują kompleksowe wsparcie zarządzania inwestycją: planowanie i harmonogramowanie, kontrolę jakości, monitorowanie budżetu i inżynierię kosztów.
Five international consortiums competed for the General Contract Engineer role. CPK set extremely demanding entry requirements: to even bid, a consortium had to demonstrate that it had, in the last 15 years, managed at least one airport construction project with capacity of at least 20 million passengers per year, with a net contract value of at least €2 billion. This entry threshold eliminated most construction management firms globally and left only a handful of organisations with genuinely relevant credentials. Pięć międzynarodowych konsorcjów rywalizowało o rolę Generalnego Inżyniera Kontraktu. CPK ustaliło niezwykle wymagające wymagania wejściowe: aby złożyć ofertę, konsorcjum musiało wykazać, że w ciągu ostatnich 15 lat zarządzało co najmniej jednym projektem budowy lotniska o przepustowości co najmniej 20 milionów pasażerów rocznie, o wartości kontraktu netto co najmniej 2 miliardy euro.
| CriterionKryterium | WeightWaga | Hill's PositionPozycja Hill |
|---|---|---|
| PriceCena | 50% | Lowest bid — PLN 1.585BNajniższa oferta — 1,585 mld PLN |
| Personnel experienceDoświadczenie personelu | 20% | World Trade Center, LAX, Grand Egyptian MuseumWTC, LAX, Grand Egyptian Museum |
| Service delivery methodologyMetodyka świadczenia usług | 20% | Assessed as best in fieldOcenione jako najlepsze w branży |
| Project organisation planPlan organizacji projektu | 10% | Highest quality scoreNajwyższy wynik jakości |
The competing bids ranged from PLN 1.7 billion to PLN 3.5 billion. Hill International's winning bid of PLN 1.585 billion was the lowest of all five consortiums — approximately 10% below the next cheapest competitor and 55% below the most expensive. Crucially, the price criterion represented only 50% of the scoring. The remaining 50% was quality-based — personnel experience, methodology, and project organisation plan. Hill won on both dimensions simultaneously: the best quality score and the lowest price. This is not a situation where Poland accepted lower quality to save money. It selected the best-qualified organisation that also happened to offer the most competitive pricing. Konkurencyjne oferty wahały się od 1,7 miliarda do 3,5 miliarda PLN. Zwycięska oferta Hill International w wysokości 1,585 miliarda PLN była najniższa ze wszystkich pięciu konsorcjów — około 10% poniżej najtańszego konkurenta. Kryterium cenowe stanowiło tylko 50% punktacji. Pozostałe 50% opierało się na jakości. Hill wygrał na obu wymiarach jednocześnie.
The American reaction: The US Ambassador to Poland, Thomas Rose, did not understate the significance. He called it a "huge win for USA and Poland" and declared that it "puts US expertise, standards, and execution at the very center of Poland's next leap in growth." The CPK/Port Polska project is now the third major simultaneous US-Polish industrial partnership, alongside the Westinghouse nuclear plant and the Honeywell AGT1500 engine centre at Dęblin. The totality of American commercial presence in Poland's most consequential infrastructure investments — airport, nuclear power, tank engine maintenance — represents a strategic economic relationship that goes far beyond routine trade. Reakcja Ameryki: Ambasador USA w Polsce, Thomas Rose, nie bagatelizował znaczenia. Nazwał to "ogromnym zwycięstwem dla USA i Polski" i oświadczył, że "stawia wiedzę fachową, standardy i wykonanie USA w samym centrum kolejnego skoku wzrostu Polski." Projekt Port Polska jest teraz trzecim głównym jednoczesnym partnerstwem przemysłowym USA-Polska, obok elektrowni jądrowej Westinghouse i centrum silnikowego Honeywell AGT1500 w Dęblinie.
Port Polska is not just an infrastructure project. It is an economic geography transformation. Poland currently has no hub airport. Warsaw Chopin is a point-to-point airport — people fly to Warsaw, not through Warsaw. Port Polska is designed as a transit hub, with up to 40% of passengers expected to be transferring between international flights. That transfer traffic is economically significant: it generates airport retail, hotel, and logistics revenue, and it makes Warsaw competitive with Amsterdam Schiphol, Frankfurt, and Paris CDG as a European transit hub for Eastern European, Central Asian, and Baltic traffic.
The high-speed rail dimension is equally important. A country where Warsaw to Łódź takes 35 minutes instead of 80 minutes is a country where Warsaw's labour market extends to Łódź. Where Warsaw's real estate premium bleeds outward into surrounding towns because the commute time is competitive with London's tube journey times. The Y-network — when completed — will make Warsaw, Łódź, Poznań, and Wrocław effectively a single metropolitan economic zone connected by sub-hour travel times. That is a structural transformation of Polish economic geography that will take decades to fully manifest but will start the moment the first high-speed train runs.
For Fides Polonia's portfolio companies specifically: the PLN 40 billion in construction tenders in 2026 alone represents a massive demand stimulus for steel, concrete, copper (electrical systems throughout the terminal and rail network), and industrial machinery. KGHM sits upstream of all of it. Airport terminal construction at this scale — an underground railway station, kilometres of cable, hundreds of thousands of square metres of electrified building — is one of the most copper-intensive categories of construction that exists. Port Polska to nie tylko projekt infrastrukturalny. To transformacja geografii ekonomicznej. Polska nie ma obecnie lotniska hubowego. Port Polska jest zaprojektowany jako hub tranzytowy, z do 40% pasażerów oczekiwanych do transferu między lotami międzynarodowymi. Sieć Y — po ukończeniu — sprawi, że Warszawa, Łódź, Poznań i Wrocław staną się praktycznie jedną metropolitalną strefą ekonomiczną. Dla spółek portfelowych Fides Polonia: 40 miliardów PLN w przetargach budowlanych w samym 2026 roku reprezentuje masowy bodziec popytowy dla stali, betonu, miedzi i maszyn przemysłowych.
The three American pillars: Port Polska joins Westinghouse (nuclear power) and Honeywell/WZL-1 (Abrams engine centre) as the third major simultaneous American industrial investment in Poland's critical infrastructure. This is not accidental. Poland has made a deliberate strategic choice to anchor its most consequential long-term infrastructure in American technology, American companies, and American partnerships. The US Ambassador called Hill International's selection a "huge win for USA and Poland." For investors, it is also a statement about Poland's direction of travel: eastward-facing in its security posture, westward-facing in its economic and infrastructure partnerships. A country that builds its airport with an American company, its power station with an American reactor, and its tank engines with an American manufacturer is a country that has made a durable civilisational choice. Trzy Filary Amerykańskie: Port Polska dołącza do Westinghouse (energetyka jądrowa) i Honeywell/WZL-1 (centrum silnikowe Abrams) jako trzecia główna jednoczesna amerykańska inwestycja przemysłowa w krytycznej infrastrukturze Polski. Polska dokonała świadomego wyboru strategicznego, aby zakotwiczyć swoją najbardziej znaczącą długoterminową infrastrukturę w technologii, firmach i partnerstwach amerykańskich.
Daniel Chojnowski
Founder & Managing Partner · Fides Polonia Capital Management
Kraków, Poland · May 20 2026 · fidespolonia.com
Sources: Aviation Week Network, Notes From Poland, Money.pl/PAP, Bankier.pl, Passenger Terminal Today, Railvolution, Railway News, Hill International, EurobuildCEE, Wikipedia CPK — all as cited. Data as of May 2026.
Założyciel i Partner Zarządzający · Fides Polonia Capital Management
Kraków, Polska · 20 maja 2026 · fidespolonia.com
This analysis is published by Fides Polonia Capital Management for informational and educational purposes only. It does not constitute financial advice. KGHM Polska Miedź S.A. (WSE: KGH) is held in the Fides Polonia portfolio. CPK/Port Polska is a state-owned company not publicly traded. Hill International is a private company. All data sourced from publicly available reporting as of May 2026. KNF registration pending. Ta analiza jest publikowana przez Fides Polonia Capital Management wyłącznie w celach informacyjnych i edukacyjnych. KGHM Polska Miedź S.A. (GPW: KGH) jest w portfelu Fides Polonia. Rejestracja KNF w toku.