Skip to main content

Czech highway link

It now looks as if Austrian financial sources will help fund construction of a key Czech highway connection.
March 2, 2012 Read time: 1 min
It now looks as if Austrian financial sources will help fund construction of a key Czech highway connection. The Raiffeisenlandensbank Oberoesterreich, an Austrian Bank, says it will help fund the D3 highway in the Czech Republic. However, the bank says that its requirement for involvement in the project is that the link should be constructed under the PPP model. The highway will form a key transport connection with Austria but does not form part of the Czech Transport Ministry's strategy until 2025, although the bank sees this link as being a priority project.

Related Content

  • Costa Rica construction contracts
    May 22, 2020
    Costa Rica construction contracts are facing challenges.
  • China supplies road funding to Sri Lanka
    February 14, 2012
    Chinese financing will be used to pay for new road links in Sri Lanka. The China Development Bank is providing sources to funds of up to US$500 million that will pay for key road upgrades in Sri Lanka.
  • Vietnam’s authorities plan to invest in concrete roads
    April 4, 2012
    The highways authorities in Vietnam intend to increase the percentage of roads and highways built from concrete. A pilot project will see the construction of a 25km highway link connecting the Cau Gie-Ninh Binh and Hanoi-Haiphong expressways. The Department of Planning and Investment is setting out a plan for transport project development using concrete instead of asphalt. The plan will run at least until Transport. The aim behind this strategy is to increase the longevity of road surfaces.
  • Tender opening for crucial new Bulgarian highway
    November 14, 2012
    The authorities in Bulgaria are in the tender process for the new Sofia-Kalotina highway project. The tender is for a 31.5km section of highway that will connect Bulgarian capital Sofia with Kalotina on the border with Serbia. The deadline for submitting the tender offers is 7th January 2013. Meanwhile in Sofia itself, a €100 million project to improve key roads in the city is now due to commence. Some €50 million of the funding required for the project is being provided in loan form by the European Invest