Highway work starting in Czech Republic

Upgrade work to five sections of the D1 highway in the Czech Republic is due to commence in spring 2012.
February 29, 2012 Read time: 1 min
Upgrade work to five sections of the D1 highway in the Czech Republic is due to commence in spring 2012. The first sections to be reuilt are from are Sternov-Psare, Loket-Horice, Vetrny Jenikov-Jihlava, Lhotka-Velka Bites and Velka Bites-Devet Krizu. The Transport Ministry prioritised these sections for repair, although full permission has yet to be given before the work can commence. Meanwhile the Czech Government will have to find funds worth €446.6 million towards key transport projects where planned co-financing has now been rejected by the 3287 EU. The D8 highway project lost its portion of EU funding due to questions over environmental issues. At the same time, the Nymburk by-pass project lost its EU funding due to unclear technical requirements while the cost of the work has also risen during the construction process.

For more information on companies in this article

EU

Related Content

  • Financial setbacks beset Slovakia’s highway development
    June 12, 2012
    Slovakian highway company NDS says that construction of the 13km Turany-Hubova highway may not be started in 2012. The previous Transport Ministry plan was to call the tender for this stretch in summer 2012. However, the EC has not yet approved the construction of this highway, with questions surrounding the protected area in the Velka and Mala Fatra mountains. If Slovakia does not get this approval, the country might have to chose the second option, which includes the tunnel Korbelka. The EC's decision is
    Read More
  • Czech highway connection finally gets go-ahead
    February 28, 2012
    A long running land dispute in the Czech Republic has finally been settled, which will allow a key road link to be built after years of delay.
    Read More
  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
    Read More
  • Highway work boost in North Africa
    August 21, 2012
    North Africa is seeing construction business return - Mike Woof reports After a troubled period, stability looks to be returning to North African nations, which can only be good for the road construction sector. First Tunisia, then Egypt and finally Libya saw tumultuous revolts against the previous autocratic (and in one case at least, despotic) rulers. All three nations are now benefiting from a return to stability, with economic growth also improving once more.
    Read More

Highlighted Content