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

  • Projects planned for Colombia’s highway connections
    March 10, 2014
    From Colombia comes news of a US$13.4 billion funding package that will be directed towards the construction of nine highway projects. This package of works includes construction and concessions for a series of highways, which will be carried out under the PPP model. These include the Conexión Norte, Autopista al Río Magdalena 1, Autopista al Río Magdalena 2, Autopista al Mar 1 and Autopista al Mar 2. They also include the Autopista Conexión Pacífico 1, Autopista Conexión Pacífico 2 and Autopista Conexión P
    Read More
  • Czech republic needs more investment in road safety
    July 11, 2012
    In 2001, the European Commission set the ambitious goal of halving the deaths on Europe's roads by 2010. While significant progress has been made over the years, it is clear that only a few countries are expected to reach this target. More needs to be done! The Brussels Programme Centre of the International Road Federation (IRF BPC®), as a signatory to the European Road Safety Charter, has over the years been actively involved in the efforts to improve road safety and reduce fatalities.
    Read More
  • Austria-Slovenia tunnel project awarded
    August 9, 2018
    Construction of the second tube of the Karawanks Tunnel connecting Austria and Slovenia is now going ahead. The work will be headed by Austrian contractors, ARGE Swietelsky Tunnelbau and Swietelsky Baugesellschaft. The 7.8km-long tunnel route runs under the Alpine Karawanks mountain range. The Austrian motorway operator Asfinag is investing around €168 million into the project, while the European Commission is providing €25 million. The work being carried out will include building new rescue routes as wel
    Read More
  • World Bank providing loan for key Kenyan roads
    October 9, 2012
    The World Bank is offering the Kenyan Government a loan worth nearly US$300 million to fund road projects. The lion’s share of the money will be used to construct a double decker road link in Kenyan capital Nairobi. The 30 year repayment loan will also feature a grace period of 10 years. The Kenyan Government will contribute a small sum to the project and will also be in charge of the tender process.
    Read More

Highlighted Content