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

  • Delays for Czech highways
    May 30, 2012
    THE NEW highway network currently being built in the Czech Republic will be completed in 2025, five years later than the original planned completion date of 2020. The country’s Transport Ministry has said that €19.55 billion will be needed to extend the total length of the network from the current 1,113km to 2,153km. However,it has pointed out that a new system of funding will be required or there will be a shortfall to pay for the plans by 2020.Various options are being considered at present with bond issu
    Read More
  • STRABAG working on Slovakian highway
    December 16, 2013
    A consortium is now working on the construction of one stretch of Slovakia’s D1 highway. The section lies between Hričovské Podhradie and Lietavská Lúčka and the project is worth €427 million. The consortium comprises four companies; with Doprastav, Váhostav and STRABAG all holding equal 32% stakes of the contract and Metrostav having a minority 4% share. The work being carried out by Doprastav, Váhostav and STRABAG is equivalent to some €140 million each. The construction work is expected to take 48 months
    Read More
  • TensarTech supports Polish contract
    November 12, 2012
    TensarTech soil retaining walls have been used during the construction of a section of the A1 motorway in Poland. Extensive underground mining in the south of the country posed a significant challenge to building the 16km Piekary Slaskie to Pyrzowice (Katowice Airport) stretch of the motorway which, on completion, will run more than 240km from Gdansk in northern Poland to Gorzyczki on the Polish-Czech Republic border. To accommodate potential differences in settlement on embankments approaching a series of
    Read More
  • Slovakia’s R2 Expressway moves a step closer
    June 4, 2018
    Slovakia said it will tender this year for the 14km R2 expressway linking Roznava and Jablonov nad Turnov with completion likely in 2024. Slovakia's transport minister Arpad Ersek said construction could start by Q3 2019. R2 is a 360km route that will run from Kosice in the east across the country to Trenčín, near the Czech border in the west. It will pass through Bánovce nad Bebravou, Prievidza and Lučenec. Roznava is an economic and tourist centre around 70km from Kosice.
    Read More

Highlighted Content