Motorway expansion plan for Slovakia

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
August 27, 2014 Read time: 2 mins

A major extension of Slovakia’s motorway network is underway, although spending in 2015 will be lower than in 2014. The 7808 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. The state budget finances worth €161.65 million will be used in 2015 for construction, repairs, and maintenance. This represents an increase of 14.6% from the planned spending for 2014. Repairs and maintenance will require €45.13 million, up by 12.8% from the sum for 2014. The Operational Programme Transport (OPD) will provide €266.8 million in 2015 for building motorways, a drop of 17.3% from the sum provided in 2014. Co-financing from the national budget will represent €44.32 million, a drop of 22.2% from 2014. There will also be an extra €112.55 million from the state budget for co-financing, a drop of 52.8% from 2014.

For more information on companies in this article

Related Content

  • Bids for Višňové Tunnel's IT being evaluated
    March 31, 2023
    The contract, in Slovakia, also includes IT equipment for the D1 motorway stretch Lietavska Lucka - Visnove - Dubna Skala of which the tunnel is a part.
    Read More
  • UK: cash released for pothole repairs
    February 16, 2021
    UK’s Department of Transport said it takes around £50 (€57 / $69) to fix a pothole.
    Read More
  • EC financing to support Slovakian highway
    June 17, 2013
    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
    Read More
  • Upgrading Poland's roads for UEFA 2012
    May 2, 2012
    Championships in 2012. With plans in place to cohost the UEFA 2012 football championships with the Ukraine, Poland's road infrastructure is undergoing major developments to bring it up to date with the rest of the European Union. And to ensure the completed roads and pavements meet the required quality standards, Cooper Technology of Derby, UK, was awarded a contract to provide asphalt testing equipment to
    Read More

Highlighted Content