The European Investment Bank (EIB) and the City of Krakow are expanding their long-term cooperation, this time with a public-private partnership (PPP). The financing agreement for PLN 180 million will help fund the construction of a new tram line connecting the city centre with the Mistrzejowice terminus. Sustainable development of environmentally friendly public transport is of strategic importance for Krakow, and part of the funding will come from the European Fund for Strategic Investments.