Finance & Funding

The Slovak government is exploring options for road financing after 2020, according to the media.

Poland’s road authority GDDKiA is going out to tender for construction of a 16km section of the S3 dual carriageway stretching between Bolkow and Kamienna Gora.

The Czech Transport Ministry has issued a planning permission for the first part of the planned D11 motorway construction for the 15.5km long section Hradec Kralove-Smirice which is expected to cost nearly €247 million.

Italian infrastructure company Impressa Pizzarotti has signed a deal for work on 24km of Poland’s S61 dual carriageway from Suwalki to the border with Lithuania.

Delays will hit Serbia’s Corridor 10 motorway project that was due for completion later this year. Serbia’s Minister of Construction, Zorana Mihajlovic, said that her department will soon publish as report on the delays, suggesting options for speeding up the work.

A US$89.7 million finance package from the World Bank will pay for the construction of a new highway in Rwanda. The project calls for the construction of a 66.5km highway, which forms part of a larger plan to build a 117km route from Ngoma to Nyanza.

A series of road projects planned for Nicaragua’s capital Managua will help cut congestion at peak periods. Five separate projects are planned, with a total cost in excess of US$353 million, with the key link being the 16km bypass from Ticuantepe to Nejapa.

The cost of a highway project in Panama has increased significantly since the work was first awarded. Much of the higher price for the work is due to the installation of additional safety measures.

A concession package has been agreed for a toll road project in the Bashkortostan Republic. The US$512 million construction project will provide a new link from the M5 Ural highway route to Ufa, the capital of the Bashkortostan Republic.

Plans in Italy call for the construction of a new 15km road link in the northern Emilia Romagna region of the country. The project is expected to cost some €506 million, with around €215 million to be provided by public sources.