Skip to main content

Vehicle emissions strategy

Environmental questions are facing the construction of the Martin-Presov highway in Slovakia. The European Investment Bank (EIB) and European Bank for Reconstruction and Development (EBRD) are waiting to receive approval to fund construction of the highway in Slovakia from the European Commission (EC). However the EC is not giving its approval for the loans at present until the Slovak Government provides answers as to why the route goes through a national park. Although the Slovakian Transport Ministry is k
July 3, 2012 Read time: 2 mins
Environmental questions are facing the construction of the Martin-Presov highway in Slovakia. The 1054 European Investment Bank (EIB) and 1166 European Bank for Reconstruction and Development (EBRD) are waiting to receive approval to fund construction of the highway in Slovakia from the 2465 European Commission (EC). However the EC is not giving its approval for the loans at present until the Slovak Government provides answers as to why the route goes through a national park. Although the Slovakian Transport Ministry is keen to sign the contracts for the project, the EC is holding back until the answers are provided. The Slovakian Transport Ministry has said that it may opt to change the route of the controversial section of the Martin- Presov highway to meet requests from the European Commission. Environmental groups have suggested building tunnels but the Transport Ministry says that this would be too expensive. The latest developments mean that the highway may not be completed by 2013 as planned.

Related Content

  • Bosnia strategy
    March 1, 2012
    Bosnia & Herzegovina plans to invest some €2.9 billion in constructing highways by 2017.
  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
  • 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
  • Russian road deals
    February 24, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of co-operation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD).