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

  • US highway bill finally receives approval by government
    September 27, 2012
    After a long series of delays, the US Government has finally managed to agree the latest highway reauthorisation bill. This comes after numerous short term extensions of the previous bill, due to political stalemate. The short term extensions were not sufficient to allow firms to invest and this situation stunted construction activity in the country. With the bill now in place, contractors will be able to look forward to some transport spending, and will likely increase spending on replacing old constructio
    Read More
  • Many Moroccan motorway projects now in hand
    November 11, 2014
    Morocco’s Casablanca-Rabat motorway accounts for almost 20% of motorway tolls in the country, generating US$25.16 million for Autoroutes du Maroc (ADM) in the first half of 2014, a growth of 4.1% from the previous year. With relatively low maintenance costs (mainly used for widening the road) the Casablanca-Rabat motorway is ADM's most profitable route. The 76km route is travelled by 51,000 vehicles/day, far higher than any other motorway. The Berrechid-Agadir motorway (which includes Berrechid-Marrakesh an
    Read More
  • €261 million Slovakia road works
    July 17, 2025
    A €261 million Slovakia road project is going ahead.
    Read More
  • Morocco plans repairs and further development of roads
    January 20, 2015
    Moroccan Ministry for Equipment and Transport has said that its 20-year plan for the country's motorway network will require an investment of US$5.86 billion. Funding sources for all of the work have yet to be secured. The country’s tolled highway system has been a success, although the Casablanca-Rabat-Tangiers route generates much of the total revenue. Morocco’s Ministry for Transport and Equipment is also looking to source financing worth $532.6 million. This will be used to repair damage to the road ne
    Read More

Highlighted Content