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

  • Slovakia’s D1 Budimir-Bidovce motorway stretch gets EU backing
    November 2, 2018
    Slovakia’s motorway company NDS and the Transport Ministry have agreed a subsidy of nearly €204 million for a D1 section. The EU will cover 85% of the project cost, while the remaining 15% will be covered by the government for construction the 14.5km D1 motorway between Budimir and Bidovce, near the city of Kosice. The section, being built by Skanska for almost €237 million, is on schedule for completion by the end of 2019. The stretch will be part of the eastern by-pass of Kosice and in Budimir it wi
    Read More
  • Hungary road project, funding secured
    September 11, 2019
    Funding has been secured to help pay for an important road project connecting Hungary with neighbouring Slovakia. The EU is supplying €552.6 million, which will be used to improve the motorway that connects Hungary’s industrial city Miskolc with Tornyosnémeti, lying on the border with Slovakia. The work will include widening a 60km stretch of the existing route and constructing 48 new bridges. Construction is expected to be complete in the first quarter of 2022. The project is being financed through the EU’
    Read More
  • EU Cohesion Fund invests in Slovakia D1 motorway
    September 4, 2019
    The European Cohesion Fund is investing nearly €279 million in construction of the west-south deviation of the D1 motorway in Slovakia. The EU-funded works include construction of a two-way tunnel, two interchanges, 12 retaining walls, noise barriers and 18 bridges. The 515km cross-country D1 connects the capital Bratislava, along the Danube River close the country’s western border with the Czech Republic, and in the eastern city of Košice. An extension is proposed from Košice to Michalovce, further
    Read More
  • Slovakia transport infrastructure boost
    July 24, 2024
    Slovakia is investing in a transport infrastructure boost.
    Read More

Highlighted Content