Skip to main content

Slovakian highways are priority routes for Europe?

Slovakia is looking to benefit from European funding for key highway projects. The country’s Transport Ministry has selected a number of expressway projects as well as the D1 and D3 highways as being of high priority.
May 5, 2016 Read time: 1 min

Slovakia is looking to benefit from European funding for key highway projects. The country’s Transport Ministry has selected a number of expressway projects as well as the D1 and D3 highways as being of high priority. The country is looking for finance for the construction of these routes from the European Fund for Strategic Investment (EFSI). Known as Juncker's Fund, this has access to some €315 billion of financing for the 2015 – 2017 period. The Slovakian Transport Ministry is hoping that this source could help co-finance its expressway projects and work on the D1 and D3 routes using risk financing through the European Investment Bank (EIB).

Related Content

  • Serbia highway projects moving ahead
    September 30, 2016
    Progress is being seen in Serbia with regard to some of the country’s key highway projects. The Ljig-Preljina stretch of the Corridor 11 highway will open for traffic at the end of October 2016. The highway route will be tolled but these will not be implemented until the start of 2017. Plans are also moving ahead for the ring road project for the capital, Belgrade. Meanwhile talks are being held with the European Investment Bank (EIB) over the new highway link to run from Nis, through Merdare and over the b
  • Black sea countries complete preparations for implementation of Black Sea Ring project
    August 23, 2016
    The Black Sea Ring Road project will improve transport connections for the region - Eugene Gerden writes. Russia has officially started implementation of a project, known as the Black Sea Ring Road, which involves building a four-lane highway system connecting the countries surrounding the Black Sea. The Black Sea Ring Road is a substantial project, a highway measuring some 7,140km in all. Among the countries participating in the project are Turkey, Georgia, Russia, Ukraine, Moldova, Romania, Greece and
  • Support for Poland’s A1
    July 6, 2012
    The European Investment Bank (EIB) has in total granted a long-term facility of €1.070 billion for the construction of the second phase of the A1 motorway forming part of the priority trans-European transport network connecting the north of Poland (Gdansk) with the Austrian capital Vienna, via the Czech and Slovak Republics. The loan will finance the construction of a 62km section of the A1 motorway between Nowe Marzy and Torun on the basis of a design, build, finance and operate (DBFO) concession. This con
  • Delays for Czech highways
    May 30, 2012
    THE NEW highway network currently being built in the Czech Republic will be completed in 2025, five years later than the original planned completion date of 2020. The country’s Transport Ministry has said that €19.55 billion will be needed to extend the total length of the network from the current 1,113km to 2,153km. However,it has pointed out that a new system of funding will be required or there will be a shortfall to pay for the plans by 2020.Various options are being considered at present with bond issu