Czech republic to fund infrastructure projects

The authorities in the Czech Republic are counting the cost of bungled planning for a series of infrastructure projects. 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
May 10, 2012 Read time: 1 min
The authorities in the Czech Republic are counting the cost of bungled planning for a series of infrastructure projects. 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

  • The drive for US road funding: will corporate America get a seat?
    September 13, 2017
    Trumponomics aims to use public money for pump-priming an even greater amount of cash from the private sector to improve America’s crumbling roads. But is political will matching corporate America’s enthusiasm for more private investment, asks David Arminas If there were ever a test case for comparing public-private partnerships and design-build contracts, the recently completed Ohio River Bridges Project is it (see previous article).
    Read More
  • Funding for Washington-Oregon bridge project
    May 15, 2023
    A funding plan is proposed for the new Washington-Oregon bridge project.
    Read More
  • Infrastructure needs for Europe
    June 19, 2012
    The European Construction Industry Federation (FIEC) is calling on the European Governments to recognise the importance of investing in infrastructure. The FIEC says it recognises the challenging economic climate and the need for governments to cut unsustainable levels of public debt. But FIEC president Luisa Todini commented, “Austerity is however not a solution by itself.” Europe’s transport, energy and telecommunication networks are the backbone of the EU internal market, ensuring that goods and services
    Read More
  • D8 highway in Czech Republic delayed
    September 19, 2013
    Completion of the final stretch of the D8 highway in the Czech Republic will be delayed. The 4.7km section of highway in the Czech region of Usti Nad Labem Oldrich Bubenicek will not be built by 2015 as planned originally. A landslide that occurred near Litochovice in June 2013 is the reason for the delay. Additional geotechnical surveys now have to be carried out before work can commence to to repair the damage cause by the landslide. It is possible that the results of the survey work will show that the ro
    Read More

Highlighted Content