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

  • A key section of highway is now open in Romania
    July 26, 2012
    In Romania the northern section of the bypass around the city of Constanta is open to traffic. The bypass forms part of the Pan-European Road Corridor IV and work on this section was financed by the European Bank for reconstruction and Development (EBRD). The southern stretch of the 23km bypass was completed in 2011. Now it is complete, the bypass will carry heavy port traffic away from Constanta. It will also provide a free-flowing route for tourist traffic from Romanian capital Bucharest and the north of
    Read More
  • Ring road upgrade for Bucharest
    May 4, 2012
    Plans are in hand in Romania for the upgrades to the Bucharest ring road. This work is due to be completed by 2014, according to the country’s Transport Ministry. Reconstruction and modernisation of the Chitila-Voluntari segment of the ring road was completed in 2010 and the modernisation of another two segments were completed in 2011. Also, the upgrading of two further segments will be finished by mid 2013. The investment in the five segments of the ring road is expected to reach €100.17 mill
    Read More
  • Funding problems for major Polish highway project
    May 9, 2012
    The long tale of woe concerning Poland’s troubled A2 highway project looks set to continue with the latest developments in the case. The Chinese contractor China Overseas Engineering Group Co (Covec) is appealing against a decision made by the Polish national road authority GDDKiA. The Polish authorities cancelled the contract that COVEC had previously been awarded to build a section of the A2 highway between Warsaw and Lodz.
    Read More
  • Slovakia road projects – bidding opens, funding found
    October 19, 2018
    Bidding is underway in Slovakia for the R2 Krivan-Mytna expressway project, which is being handled by the local highway firm NDS. The deadline for bids opened in July 2018 and has been extended now for the second time. Bids will now be received until the 9th November 2018. The project for the 9.1km route is expected to cost €280 million to build and should take 48 months to complete. In addition, Slovakia’s Transport and Construction Ministry is boosting its budget for road repairs. The next 48 months will
    Read More

Highlighted Content