Czech Government counts infrastructure cost

The authorities in the Czech Republic are counting the cost of bungled planning for a series of infrastructure projects, including a number of road, tunnel and bridge connections.
February 24, 2012 Read time: 1 min
The authorities in the Czech Republic are counting the cost of bungled planning for a series of infrastructure projects, including a number of road, tunnel and bridge connections. The works will now have to source funds from the Czech Government following a ruling by the European Court of Auditors that the tender processes for the projects were flawed. The original plan was that the EU Operational Programme Transport would have paid for the works but instead, the Czech Government will finance the projects itself. However, only one project will have to be almost 100% funded by the Czech state and this is for a vertical-lift bridge in Kolin.
Road Structures

Related Content

  • Brazil road concessions face tender problems
    April 3, 2018
    Brazil’s Federal Government is keen to open a series of road projects to tenders but is facing a number of setbacks. However the country’s state governments are now pushing ahead with projects instead. Around US$4.38 billion worth of road concessions are planned by state governments, for some 5,000km of routes in all. These would include road upgrade and maintenance works, with concessions of up to 30 years. With Brazil’s Federal Government still in deadlock over its economic and political woes, the state g
    Read More
  • Has the promised investment happened?
    July 10, 2012
    At the end of 2008 and the start of 2009, the world's banking system spiralled into crisis, triggered by a series of catastrophic blunders caused by bankers trying to create money from nothing. The result was to plunge the world's economy rapidly into recession. Having proved in effect that lead cannot be turned into gold, the bankers retired on fat pensions leaving governments to pledge huge sums to the banks and fill in the financial gaps.
    Read More
  • Polish projects to get Cohesion Fund cash
    March 6, 2018
    Almost €790 million will be allocated from the Cohesion Fund for three road projects which improve the country's communication with Germany and other Western and Eastern European countries. Around €270 million will be for the Garwolin-to-Kurow S17 dual carriageway, another €125 million to build a stretch of the S6 dual carriageway between Goleniow and Kielp and €390 million for the S2 on the outskirts of Warsaw.
    Read More
  • Accident prevention leading the road safety fight
    February 23, 2012
    ASECAP and its members are among many oragnisations leading the fight to improve road safety Many European organisations have pledged their support to the goal of dramatically reducing even further the number of accidents, fatalities and serious injuries on roads. And at its annual road safety conference in the Czech capital Prague, ASECAP (the European Association of Operators of Tolled Road Infrastructures), presented EU institutions, national authorities and transport stakeholders "the outstanding resul
    Read More

Highlighted Content