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

NDS

Related Content

  • Blasting starts for Fiskefjord Tunnel
    October 17, 2023
    The 9.7km Fiskefjord Tunnel will be the longest tunnel within the public-private E10/rv 85 project in northern Norway.
    Read More
  • Bolivian project moving forward
    February 24, 2012
    Bolivia's 306km Villa Tunari-San Ignacio de Moxos road is due for completion in 2014. The new road will provide and important link for the departments of Beni and Cochabamba
    Read More
  • EU Cohesion Fund invests in Slovakia D1 motorway
    September 4, 2019
    The European Cohesion Fund is investing nearly €279 million in construction of the west-south deviation of the D1 motorway in Slovakia. The EU-funded works include construction of a two-way tunnel, two interchanges, 12 retaining walls, noise barriers and 18 bridges. The 515km cross-country D1 connects the capital Bratislava, along the Danube River close the country’s western border with the Czech Republic, and in the eastern city of Košice. An extension is proposed from Košice to Michalovce, further
    Read More
  • Brazil's economic powerhouse to tackle traffic issues
    May 29, 2012
    The Inter-American Development Bank (IADB) is providing funding worth US$1.14 billion for construction work on the north section of Sao Paulo's orbital highway. The Brazilian city is at the heart of the country's growing economy and traffic congestion has been a problem in the area. The work will commence in 2011 and is due for completion in 2014. The local authorities will need to find a further $1.82 billion however.
    Read More

Highlighted Content