Skip to main content

EC financing to support Slovakian highway

Financing for Slovakia’s new D3 highway project will be sourced from the European Commission. The D3 lies in the north of this small country and the project has been the focus for intensive discussions over its importance and even, the need for its construction. When it is complete the D3 will connect with Poland and the Czech Republic and will help improve connectivity in the area, and it is this point that the Slovakian Transport Ministry has used as a bargaining tool in its discussions in Brussels. It is
June 17, 2013 Read time: 2 mins
Financing for Slovakia’s new D3 highway project will be sourced from the 2465 European Commission. The D3 lies in the north of this small country and the project has been the focus for intensive discussions over its importance and even, the need for its construction. When it is complete the D3 will connect with Poland and the Czech Republic and will help improve connectivity in the area, and it is this point that the Slovakian Transport Ministry has used as a bargaining tool in its discussions in Brussels. It is expected to cost in the region of €365 million to construct the 12km section of the D3 from Svrcinovec-Skalite and the tender process has been called by the Slovak national motorway company, 5891 NDS. Construction of the Svrcinovec-Skalite section of the D3 is expected to start at the end of 2013, with other stretches of the highway starting construction in 2014. The Slovakian stretch of the D3 should be completed by 2019, should the works stay on track with the construction plans.

For more information on companies in this article

Related Content

  • Višňové Tunnel delays continue
    June 21, 2022
    What will be Slovakia’s longest tunnel at 7.5km is facing more technical issues, according to the contractor Skanska.
  • Checking up on the Czech Republic's Via Salis
    May 20, 2022
    Construction of the Via Salis, the Czech Republic’s first public-private partnership for a road project, is on schedule, according to VINCI which is leading the construction and operating consortium.
  • Slovakia’s D1 Budimir-Bidovce motorway stretch gets EU backing
    November 2, 2018
    Slovakia’s motorway company NDS and the Transport Ministry have agreed a subsidy of nearly €204 million for a D1 section. The EU will cover 85% of the project cost, while the remaining 15% will be covered by the government for construction the 14.5km D1 motorway between Budimir and Bidovce, near the city of Kosice. The section, being built by Skanska for almost €237 million, is on schedule for completion by the end of 2019. The stretch will be part of the eastern by-pass of Kosice and in Budimir it wi
  • Black sea countries complete preparations for implementation of Black Sea Ring project
    August 23, 2016
    The Black Sea Ring Road project will improve transport connections for the region - Eugene Gerden writes. Russia has officially started implementation of a project, known as the Black Sea Ring Road, which involves building a four-lane highway system connecting the countries surrounding the Black Sea. The Black Sea Ring Road is a substantial project, a highway measuring some 7,140km in all. Among the countries participating in the project are Turkey, Georgia, Russia, Ukraine, Moldova, Romania, Greece and