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

  • FIEC calls for coherent investment in Europe's infrastructure
    April 24, 2012
    The European Construction Industry Federation (FIEC) is calling on the European Governments to recognise the importance of investing in infrastructure. The FIEC says it recognises the challenging economic climate and the need for governments to cut unsustainable levels of public debt. But FIEC president Luisa Todini commented, “Austerity is however not a solution by itself.” Europe’s transport, energy and telecommunication networks are the backbone of the EU internal market, ensuring that goods and services
  • New highway connection between Montenegro and Bosnia
    September 23, 2014
    New highway links between Montenegro and Bosnia will make major improvements in transport links for the two countries. Bosnia Herzogovina plans to build its 110km stretch of the Adriatic-Ionic highway that will connect with Montenegro. Meanwhile in Montenegro, plans are in hand for the first stretch of the Bar-Boljare highway. The Bosnian Government is finalising the route for the Adriatic-Ionic highway, based on an earlier feasibility study. This route is of prime importance for the region as it will conne
  • Completing Hungary's highway construction
    February 22, 2012
    Work will start in the second half of 2011 on a new stretch of Hungary’s M3 highway between Vasarosnameny and the number 49 Highway.
  • Work starts on Komarno-Komarom Bridge between Slovakia and Hungary
    October 31, 2017
    Construction has started on the €117 million bridge over the Danube River between the Hungarian town of Komarom and the Slovak town of Komarno. Around 85% of the cost will be covered by European Union’s Connecting Europe Facility. Completion is planned for winter 2019. Last summer it was announced that the Hungarian companies Hidepito and Meszaros es Meszaros had won the tender for the 600m bridge but with a price tag of just over €91 million, according to Hungarian media. It was also reported at the time