Skip to main content

NDS to spend US$2.21bn on Zilina, Slovakia motorways

NDS, the Slovak national motorway company, plans to spend US$2.21 billion (€1.7bn) between 2013 and 2016 on motorway construction projects in the Zilina region of Slovakia. Milan Gajdos, the firm’s managing director and chairman, said that post 2016 a further $1.04 billion (€800mn) will be invested in the region. Currently, tenders worth $1.82 billion (€1.4bn) for motorway projects in the region are already underway, including tenders for stretches of the D1 and D3 motorways. It is still not known whether t
July 1, 2013 Read time: 1 min
5891 NDS, the Slovak national motorway company, plans to spend US$2.21 billion (€1.7bn) between 2013 and 2016 on motorway construction projects in the Zilina region of Slovakia.

Milan Gajdos, the firm’s managing director and chairman, said that post 2016 a further $1.04 billion (€800mn) will be invested in the region. Currently, tenders worth $1.82 billion (€1.4bn) for motorway projects in the region are already underway, including tenders for stretches of the D1 and D3 motorways.

It is still not known whether the main motorway D1 linking Bratislava and Kosice will be completed by the end of 2018 due to a number of difficulties.

For more information on companies in this article

Related Content

  • China-based Shaanxi Province HC to raise over US$475mn from 5-year note issue
    January 9, 2013
    Five-year notes have been issued by China-based Shaanxi Province Highway Construction Group to raise USD$476.57 million (CNY 3bn). Shanghai Pudong Development Bank and China Development Bank will be the joint lead underwriters for the notes issue, launched on Monday January 14, 2013, with the latter also acting as a bookrunner. Of the total proceeds, $127.08 million (CNY 800mn) will be used as working capital. A further $111.2 million (CNY 700mn) will be used as project investment, and $238.28 million (CNY
  • US$1.7bn to boost California highway infrastructure
    May 27, 2025
    Projects include rehabilitating roadway and drainage systems and upgrading safety along Interstate 805
  • Slovakia’s Parliament gives green light for e-toll law
    December 2, 2013
    Slovakia's Parliament has approved the new law on e-toll, replacing the use of traditional motorway stickers with electronic ones. The new regulation will come into force on 1 January 2015. The price of the motorway stickers, which motorists will be able to purchase online or through petrol stations, will not increase. The Transport Ministry intends to call the tender for the provider of the virtual vignettes within the next few weeks. In 2013, the national motorway company NDS printed more than 3.3 million
  • Major Brazilian tunnel project proposed
    September 10, 2015
    A novel tunnel project has been proposed in Brazil. The local infrastructure group Contern has suggested building a tunnel underneath the Serra do Mar nature reserve along the coast of Sao Paulo. The new link would improve access to the southern coastal area of that state, including to Santos port and the industrial area known as Baixada Santista. The project would be carried out under the PPP model so as to provide the necessary funding. The tunnel would have to be 21-23km long and would feature twin tubes