Slovakia plans €3.5bn plus spend on new roads and other infrastructure

Slovakia plans to invest more than €3.5 billion (US$ 4.76 billion) on new roads, motorways and other transport infrastructure, according to the draft partnership agreement between the European Union and Slovakia for the 2014-2020 budgetary period. The proposal claims that the current state of infrastructure in Slovakia is poor, technically obsolete and incomplete, which not only creates obstacles in the mobility of citizens but also reduces the attractiveness of the country for foreign investors. The coun
February 11, 2014 Read time: 1 min
Slovakia plans to invest more than €3.5 billion (US$ 4.76 billion) on new roads, motorways and other transport infrastructure, according to the draft partnership agreement between the 1116 European Union and Slovakia for the 2014-2020 budgetary period.

The proposal claims that the current state of infrastructure in Slovakia is poor, technically obsolete and incomplete, which not only creates obstacles in the mobility of citizens but also reduces the attractiveness of the country for foreign investors. The country proposes to spend the finances from structural funds on construction of roads and motorways, which are to be part of the TEN-T network, and the modernisation of main railway corridors. Funds will also be allocated to increasing the energy efficiency and environmental friendliness of the transport system, and improving the public transport system and navigability of the river Danube.
Road Structures

For more information on companies in this article

Related Content

  • Slovakia to spend US$10.76bn on road infrastructure by 2016
    February 15, 2013
    Slovak Prime Minister Robert Fico says his government plans to spend US$10.76 billion (€8bn) on improving road infrastructure until the end of its term in office in April 2016. The plan includes the construction of 140km of motorways and expressways before April 2016, while a further 310km are hoped to be under construction, and 200km should be ready for the start of the building works. Fico says the completion of the D1 motorway remains the priority of the government, and that by the end of his term in off
    Read More
  • Developing transport corridors for shared prosperity
    May 14, 2015
    SEETO’s acting general manager reflects on a decade of transition in South East Europe Ten years ago, the Western Balkans region and the European Commission agreed on a regional transport network consisting of the Pan- European corridors crossing the region to which additional routes were added. The resulting SEETO Comprehensive Road Network was formally recognised in 2013 by the European Union as part of the Trans- European Transport Network for South East Europe. By extending Europe’s main corridors
    Read More
  • The acronym syndrome
    July 31, 2012
    Those who navigate the labyrinth that is the European Union and the numerous trade and research groups will be struck by the number of acronyms. In a short series, EUROFILE gives a snapshot of those engaged in the roads industry. In this issue we look at FEHRL (Forum of European National Highway Research Laboratories) based in Brussels, Belgium Established in 1989, FEHRL is made up directors of national research institutes: 30 in all from within the European Union, European Free Trade Association (EFTA) an
    Read More
  • Electric charging points for northern Europe
    February 10, 2015
    The EU will support the development of routes designed to carry electric vehicle vehicles in northern Europe. This investment will be supported by the EU's TEN-T Programme. In excess of €4 million will be spent on building an open access fast charging station network in the Netherlands, Denmark, Sweden and Germany. In total 155 chargers for electric vehicles are to be installed along the main highways connecting these countries.
    Read More

Highlighted Content