Skip to main content

Czech project set to benefit from EU fundin

A highway project in the Czech Republic looks set to benefit from EU funding. The highway is being established under a public private partnership model and will receive €700,000 of co-financing from the TEN-T Programme. The project was selected for funding under the 2011 TEN-T Annual Call. The funding will be used for a series of legal, financial and technical studies that will support the Czech authorities in planning its highway. The study will evaluate the construction, operation and maintenance through
February 14, 2013 Read time: 2 mins
A highway project in the Czech Republic looks set to benefit from 3287 EU funding. The highway is being established under a public private partnership model and will receive €700,000 of co-financing from the TEN-T Programme. The project was selected for funding under the 2011 TEN-T Annual Call. The funding will be used for a series of legal, financial and technical studies that will support the Czech authorities in planning its highway. The study will evaluate the construction, operation and maintenance through a Public-Private Partnership (PPP) of certain sections of the Czech D3 highway. The 18.8km section of the D3 highway in the South Bohemia region of the Czech Republic will then be built through a design-build-finance-operate (DBFO) PPP scheme. In addition, operation and maintenance of other longer sections of the same highway, which are already in operation or under construction, could also be included in this PPP project. The project will be managed by the 7021 Trans-European Transport Network Executive Agency and is set to be completed by April 2014.

For more information on companies in this article

Related Content

  • Collaboration on road research and infrastructure innovation
    April 2, 2014
    Transnational collaboration on road infrastructure innovation is the aim of the ERA-NET Plus (EN Plus) Infravation event. The Infravation 2014 Call for this collaboration of 11 countries on road infrastructure innovation will be launched on 3rd March 2014. It will pool funding of some €9 million, of which one-third comes from the European Commission (EC). For the first time, the US Federal Highway Administration (FHWA) will also contribute funding to an EN Plus Call however. This is a major development and
  • IRF awards Parsons for its East End Crossing work in the US
    August 7, 2015
    The International Road Federation (IRF) has awarded its Global Road Achievement Award for project finance and economics to Parsons for the East End Crossing of the Ohio River Bridges Project. Parsons, which served as the technical advisor for the implementation of a public-private partnership (PPP), received the award for achievements in cost savings and accelerated project delivery. This was done through the PPP procurement process for the development, design, construction, financing, operation and m
  • Republic of Ireland’s N25 New Ross Bypass achieves financial close
    March 3, 2016
    The €230 million N25 New Ross Bypass public-private partnership (PPP) project in County Wexford, Republic of Ireland has reached financial close. Mott MacDonald is technical advisor on the public-private partnership, awarded by the National Roads Authority, otherwise known as Transport Infrastructure Ireland. Work will be carried out by BAM Ireland and Dragados, a construction division of ACS Group, based in Spain. The scheme involves construction of 13.6km of dual carriageway and 1.2km of new or u
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t