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

  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More
  • Turkish highway/bridge project
    March 22, 2012
    In a surprise move the Turkish authorities have now cancelled the tender process for the construction of the third Bosphorus Bridge and the Kuzey Marmara highway. The process was cancelled as there were no bidders.
    Read More
  • Romania sets aside €1.42 billion for local roads
    July 23, 2021
    Prime minister Florin Cîţu has had discussions with European Commission President Ursula von der Leyen to fund the country's proposed National Recovery and Resilience Plan, NRRP.
    Read More
  • Kenyan capital’s key connection construction contract cost climbs
    February 27, 2018
    The project to build the new highway link from Kenya’s capital Nairobi to the city’s Jomo Kenyatta International Airport (JKIA) is now expected to cost US$579 million. This represents an increase of around $206 million from the pricetag originally expected for the link. This cost increase comes despite a substantial change in the design, with the route now featuring a series of flyover sections and underpasses, instead of being elevated along its 43.5km length as originally proposed. This redesign will
    Read More

Highlighted Content