Czech contract issues

Work to the D3 highway connecting Czech capital Prague with Ceske Budejovice and the Austrian border is not seen as a key project that will be supported by the European Commission (EC) between 2014 and 2020.
March 1, 2012 Read time: 1 min
Work to the D3 highway connecting Czech capital Prague with Ceske Budejovice and the Austrian border is not seen as a key project that will be supported by the 2465 European Commission (EC) between 2014 and 2020. The Czech Republic does not have the financing to pay for this €2 billion project however and plans to ask the EC for support. Lack of funds also threaten a ring-road at Ceske Budejovice is also endangered. Delays to the D3 will cause issues as Austria is already building its S10 highway to connect with the Czech road. There are other issues on the D3 requiring clarification, including a decision on the route. So far a 15km section of the D3 is already in use while a 25km stretch between Tabor and Veseli will be completed at the end of 2012.

For more information on companies in this article

Related Content

  • Chilean highway project faces questions
    February 14, 2012
    The plans for Chile's new Vespucio Oriente highway are under a question mark at present. The Chilean Construction Chamber (CChC) and the association of concession-holders (COPSA) have raised concerns over the plans by the country's government to press ahead with the construction of the 13km Vespucio Oriente highway in capital Santiago.
    Read More
  • Serbia-Bosnia highway project funding being secured
    August 30, 2019
    The necessary financing package for Serbia’s key highway project is now being secured. The Belgrade to Sarajevo highway is already under construction, with 60km of the link having been built so far. The existing section of the highway connects Obrenovac with Ljig, while work on the southern stretch of the route is due to commence shortly. Serbia has taken loans worth €3 billion for its share of the project, with the Turkish Government and various Turkish banks being directly involved in supporting the works
    Read More
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More
  • We're here to help
    July 16, 2012
    Formed at the end of the Cold War, the European Bank for Reconstruction and Development has raised, and loaned, billions to revitalise infrastructure from central Europe to central Asia as Patrick Smith reports One of the highlights of the year for Thomas Maier has been the recent trip to Bratislava, the capital of Slovakia, where history was made. As the Business Group director in charge of the infrastructure sector at the European Bank for Reconstruction and Development (EBRD) he was present when contract
    Read More

Highlighted Content