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

  • EU transport to grow until 2020
    September 3, 2012
    A study indicates that road transport for passengers and goods will keep its pivotal role among other modes like rail or inland waterways
    Read More
  • Africa’s road builders need a reliable supply of good-quality bitumen
    May 8, 2015
    Crying out for consistency Getting hold of the right product, or any product at all, is often the challenge, as delegates to the Argus Africa Bitumen conference heard Many parts of Africa have ambitious road building plans for the next few decades. But clients and contractors are facing problems with the quality and supply of bitumen, delegates at the Argus Africa Bitumen conference were told. If there was one overriding message to come out of the conference, held in Dar Es Salaam, Tanzania in Feb
    Read More
  • New ring road to solve problem of traffic jams in Ukraine capital Kiev
    May 10, 2018
    Ukraine’s capital Kiev will benefit from a new ring road – Eugene Gerden writes The government of Ukraine, together with the authorities of the Ukrainian capital Kiev, plans to invest up to US$2 billion in the building of a new ring road around the city. The new road, known as the Great Ring Road, will be around 200km long, of which 65km will be of existing roads and 148km of new roads. The ring road will connect three international transport corridors that run through the territory of Ukraine, as well
    Read More
  • Slovakia opens up more D1 motorway sections to tender
    June 9, 2015
    Slovakia’s national motorway company NDS has put out to tender two sections of the D1 motorway near Presov and Kosice. Both tenders have been published in the Official Journal of the European Union, with bid submission deadlines set for June 29. The first section is the south-west D1 by-pass of Presov at nearly 8km long, including the construction of a 2km duel-tube road tunnel Presov and estimated to cost €443.4 million. The second section is the 14.5km-long D1 Budimir to Bidovce stretch, with cost
    Read More

Highlighted Content