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

  • Highways England starts moving on projects for the eastern region
    September 30, 2015
    Highways England has met suppliers and stakeholders to discuss how it will spend more than €2.7 billion to improve roads across the East of England region in the next six years. The work is part of the government’s Road Investment Strategy to triple levels of spending on England’s roads by the end of the decade. Plans include major improvements on the M11, A5 and M1, A1(M), A12, A14, A47 and A428. Roads minister Andrew Jones said the investment is the largest in a generation.
  • Central Asia’s need for improved transport infrastructure
    October 5, 2018
    Central Asia has a need for improved transport infrastructure to help develop economies - Gordon Feller reports
  • East Africa’s dream of a ‘Silk Road’ in sight
    October 22, 2021
    East Africa’s dream of a ‘Silk Road’ route to boost trade and transport is now in sight
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t