Cheaper construction thanks to new law, says Czech Minister

Czech Transport Minister Pavel Dobes believes a recent amendment to the land expropriation law, which has been approved by the Czech Senate in November 2012, will reduce the cost of current construction projects by 10%-15%. The ministry is also said to be keen to further lower the price of motorways construction by reducing the number of exits and interchanges, and will require a financial support from those municipalities which will want their own motorway exits.
November 21, 2012 Read time: 1 min
Czech Transport Minister Pavel Dobes believes a recent amendment to the land expropriation law, which has been approved by the Czech Senate in November 2012, will reduce the cost of current construction projects by 10%-15%.

The ministry is also said to be keen to further lower the price of motorways construction by reducing the number of exits and interchanges, and will require a financial support from those municipalities which will want their own motorway exits. In order to strengthen the position of the state and the public road management company RSD during the public procurement tenders, the ministry intends to change RSD's status from a state contributory organisation to a state enterprise.

Related Content

  • Florida highway rebuild project
    May 2, 2018
    Rebuilding a congested stretch of highway in Florida will cut congestion and boost safety for commuters - Mike Woof writes. Florida’s 214km-long I-4 highway provides a key transport route between Tampa and Daytona Beach, but has an unenviable reputation for both congestion and safety, with frequent delays due to heavy traffic as well as crashes. The stretch running through the city of Orlando is particularly prone to jams at peak periods, with huge traffic volumes resulting in vehicles having to slow to a c
    Read More
  • Growth expected for US construction market
    December 6, 2018
    A new report from the American Road & Transportation Builders Association (ARTBA) predicts growth for the US construction market in 2019. The US transportation infrastructure market is expected to grow 4.2% in 2019, according to ARTBA’s annual economic forecast.
    Read More
  • Volvo CE is looking to the future for construction machines
    September 12, 2018
    Volvo CE is taking bold steps in developing technologies for the future of construction machines – Mike Woof writes Volvo CE is making serious innovations in construction machine technology, developing equipment that is smarter, safer, cleaner and more fuel-efficient. This innovation comes from a position of strength and from a financial perspective, Volvo CE is performing well. CEO Melker Jernberg said, “When it comes to performance we need to be good economically. We saw growth for 2018 in all region
    Read More
  • What is bitumen hedging?
    January 23, 2014
    Dennis Lysemose Andersen, senior oil risk manager at Global Risk Management, explained: "Bitumen hedging safeguards the economics of the company, whether it is a consumer or producer of bitumen. Looking at the consumer side as an example; an asphalt company may be involved in a large infrastructure project, where the company needs to offer a fixed price to the contractor – maybe a state-owned Road Agency – but only later can it source the bitumen. Thus the asphalt company is exposed to bitumen costs increas
    Read More

Highlighted Content