Slovakia highway funding secured

Funding is now secured for the Budimir-Bidovce stretch of Slovakia’s D1 highway project. In addition, the funding for the Kosicke Olsany-Hrasovik stretch of the R2-R4 expressway has been secured. The EU’s Cohesion Fund will supply €173 million for the work, which is intended to cut congestion and journey times. New interchanges and noise reduction systems will be built. Also included will be the construction of 23 new bridges.
July 24, 2019 Read time: 1 min

Funding is now secured for the Budimir-Bidovce stretch of Slovakia’s D1 highway project. In addition, the funding for the Kosicke Olsany-Hrasovik stretch of the R2-R4 expressway has been secured. The EU’s Cohesion Fund will supply €173 million for the work, which is intended to cut congestion and journey times. New interchanges and noise reduction systems will be built. Also included will be the construction of 23 new bridges.

Finance & Funding

Related Content

  • Two more construction tenders for Slovakia’s R2 by end of 2018
    November 7, 2018
    Arpad Ersek, Slovakia's Minister of Transport, said another two tenders for construction of two R2 expressway stretches will be called by the end of 2018. They will include the stretch Roznava-Jablonov nad Turnou with the Soroska tunnel and the Kosice, Saca-Kosicke Olsany. In both cases financing has been secured. They could be financed through a loan or through the PPP scheme (public-private partnership). Ersek added that the ministry should receive an additional funds of up to €200 million through r
    Read More
  • Slovakia pushes ahead with the R4 Presov northern bypass
    September 27, 2017
    Slovakia’s national motorway company NDS said it would tender the second stage of the 10.2km R4 Presov northern bypass during the first half of 2018. The project is estimated to be worth around €314 million.
    Read More
  • Slovakia’s Budimir-Bidovce motorway stretch to open by December
    June 25, 2019
    Slovakia’s 14km stretch of the east-west motorway D1, from Bidovce to Budimir, will open in December, according to the government. Last year, Slovakia’s motorway company NDS and the transport ministry agreed a subsidy of nearly €204 million for the D1 section. The EU is covering 85% of the project cost, while the remaining 15% is covered by the government for construction the Budimir-to-Bidovce stretch, near the city of Kosice. The section, being built by Skanska for almost €237 million, is part of th
    Read More
  • Slovakian projects underway
    April 4, 2022
    Slovakian road projects are underway.
    Read More

Highlighted Content