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

  • Despite earlier contractor issues, road projects in Bosnia are proceeding on track
    May 16, 2012
    Key road construction projects are now moving forward in Bosnia with work on-track for the Sarajevo ringroad as well as the Corridor Vc highway. Construction of a 130km section of the Corridor Vc highway should be complete by 2014 according to Bosnia's Ministry of Transport and Telecoms. Work on the first section of the Sarajevo ringroad should be completed within five months, following the signing of an agreement worth €17 million between the Austrian firm Strabag and the Bosnian company HP Investing. The
  • Motorway expansion plan for Slovakia
    August 27, 2014
    A major extension of Slovakia’s motorway network is underway, although spending in 2015 will be lower than in 2014. The Slovakian National Motorway Company is using a combination of both EU and state funds to invest in motorway construction during 2015. Some €518.5 million will be invested, although this is around 16% lower than the budget agreed for 2014. The EU Operational Programme Integrated Infrastructure (OPII) source will provide €80.6 million, while €14.22 million will come from the state budget. T
  • Motorway expansion plan for Slovakia
    August 27, 2014
    A major extension of Slovakia’s motorway network is underway, although spending in 2015 will be lower than in 2014. The Slovakian National Motorway Company is using a combination of both EU and state funds to invest in motorway construction during 2015. Some €518.5 million will be invested, although this is around 16% lower than the budget agreed for 2014. The EU Operational Programme Integrated Infrastructure (OPII) source will provide €80.6 million, while €14.22 million will come from the state budget. T
  • 1st IRF Europe & Central Asia Regional Congress held on in Turkey
    November 18, 2015
    The International Road Federation (IRF) organised its first Regional Congress & Exhibition in Istanbul, Turkey on 15–18 September, 2015 The IRF is a non-governmental, not-for-profit membership organisation founded in Washington, DC in 1948 with the mission to encourage and promote development and maintenance of better, safer and more sustainable roads and road networks around the world.