Slovakia to improve road infrastructure in Upper Nitra region

Slovakia is to invest around €2.9 billion to improve roads in the economically depressed coal-mining region Upper Nitra. Work will include upgrades and repairs to 150km of dual carriageways and motorways in order to attract businesses other than those associated with mining which is being gradually closed. The improved road infrastructure will connect existing and planned business and commercial parks and zones, according to local media. Towns near the R2 dual carriageway, including Handlova, Novaky a
July 24, 2019 Read time: 2 mins

Slovakia is to invest around €2.9 billion to improve roads in the economically depressed coal-mining region Upper Nitra.

Work will include upgrades and repairs to 150km of dual carriageways and motorways in order to attract businesses other than those associated with mining which is being gradually closed. The improved road infrastructure will connect existing and planned business and commercial parks and zones, according to local media.

Towns near the R2 dual carriageway, including Handlova, Novaky and Prievidza, could have by-passes.

The priority stretch is the R2 inking Ziar nad Hronom and Drietoma and the I/64 road between Zilina and Komarno.
 
Nitra, at the foot of Zobor Mountain in the valley of the Nitra River, has a population of about 76,655 and is the fifth-largest city in Slovakia. Many of the communist era industries and manufacturing plants have ceased production and closed. The region is also mountainous lending it tourism development potential.

Finance & Funding

Related Content

  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
    Read More
  • Colombia’s new transport infrastructure to boost national construction industry
    July 30, 2013
    Huge investment in Colombia’s transport infrastructure is expected to lead to substantial market growth in the country’s construction industry, according to new research by Timetric. In its research report; ‘Construction in Colombia – Key Trends and Opportunities to 2017’, Timetric, who provide online data, analysis and advisory services to key financial and industry sectors, states, “Colombia’s Ministry of Transportation plans to invest COP102.3 trillion (US$56 billion) in transport infrastructure developm
    Read More
  • Kenya port suspension bridge project makes progress
    January 15, 2019
    A new suspension bridge in Kenya’s key port city, Mombasa, will help unlock potential – Shem Oirere reports Plans for the construction of a US$200 million suspension bridge in Kenya heva moved a notch higher. The country's urban roads agency recently announced the shortlisting of three bidders for the design, finance, construct, operate, maintain and transfer public private partnership (PPP) contract model. Kenya Urban Roads Authority (KURA) is a state agency that manages, develops, rehabilitates and mai
    Read More
  • €180 million for Bosnia highway
    July 6, 2012
    The EBRD is investing in the largest infrastructure project in Bosnia-Herzegovina (BiH) to date by lending €180 million to the state to construct key sections of the Trans-European Corridor Vc. A key transport artery linking BiH with the rest of Europe, Corridor Vc starts in Budapest, Hungary and ends in the Adriatic Port of Ploce in Croatia. It runs north to south through the centre of BiH, and is the most strategically important link for regional trade and economic development. The €180 million EBRD finan
    Read More

Highlighted Content