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

  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Road sector drives Europe’s construction recovery
    September 13, 2017
    Despite political concerns and upheavals, Europe’s construction market is on the up, reports Graham Anderson Europe’s road building market is forecast to grow strongly in real terms up to 2019, as a strengthening economy boosts construction, creating investment and jobs. The market is predicted to grow by 16% between 2016 and 2019 and is being led by increases in the UK (39%), Norway (38%) and Poland (35%). In the UK, the market is buoyed by a number of major projects coming on stream, such as England’
    Read More
  • Central Ring Road to become one of most important projects in modern history of road-building in Russia
    December 16, 2014
    Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB). Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
    Read More
  • US$766.15bn to be invested in China road network expansion
    June 24, 2013
    Over the next 17 years, China will invest US$766.15 billion (CNY 4.70tn) to expand the country's major road network by over two times. By 2030, the length of roads in China is expected to total 5.8 million kilometres, with trunk ways and highways making up 7% of the total. Provincial and countryside roads are expected to account for 9% and 84% respectively. According to a road expansion blueprint approved in May 2013 by the State Council, the length of toll-free trunk ways and toll highways should by 2030 i
    Read More

Highlighted Content