Skip to main content

Terna wins Greek highway prize

Greek general construction companies Terna and AEGEK Kataskevastiki have signed a deal to develop part of the Egnatia Odos highway.The budget for the works is reported to be US$ 113.90million, plus VAT of $26,111,500. The second part of the two-part highway development project is budgeted at $23,046,800, plus VAT of $5,300,750
May 9, 2012 Read time: 1 min
Greek general construction companies 5467 Terna and 5468 AEGEK Kataskevastiki have signed a deal to develop part of the Egnatia Odos highway.

The budget for the works is reported to be US$ 113.90million, plus VAT of $26,111,500. The second part of the two-part highway development project is budgeted at $23,046,800, plus VAT of $5,300,750.

For more information on companies in this article

Related Content

  • Philippines’s NEDA to consider two road PPP projects in November
    November 12, 2015
    The National Economic and Development Authority (NEDA) will consider approval of seven Public-Private Partnership (PPP) projects, two of them highways, by the end of this month. The highways are the US$516 million Manila connector road and the $209 million Plaridel toll road. A report by the Manila-based Business World Online newspaper said the deals are worth around US$3.65 billion.
  • Bolivia tunnel and highway project under construction
    February 9, 2017
    In Bolivia work is progressing on the strategic Incahuasi tunnel project – Mauro Nogarin writes In southern Bolivia, the Bolivian Highway Administrator (ABC) is supervising the construction of the Incahuasi Tunnel and Monteagudo-Muyupampa-Ipati road. This work is of fundamental importance for the country as it will improve the flow of traffic and boost trade between the departments of Santa Cruz and Chuquisaca. The Monteagudo-Ipati highway project includes the Incachuasi tunnel which has a length of 96km
  • Romania’s major road development plans
    October 12, 2022
    Romania has major road development plans.
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe