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

  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
  • EIB produces PPP report
    February 28, 2012
    The European Investment Bank (EIB) has released a significant study aimed at exploring and promoting Public-Private Partnerships (PPP) to fund critical infrastructure projects across nine countries in North Africa and the Middle East.
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin