Two more construction tenders for Slovakia’s R2 by end of 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
November 7, 2018 Read time: 1 min
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 re-allocation of EU funds from other ministries which do not use up their EU fund allocations.

Last month, Slovakia announced that bidding for the R2 Krivan-Mytna expressway project - handled by the local highway firm NDS- had been extended. Bids opened in and will be closed this month. The project for the 9.1km route is expected to cost €280 million to build and should take 48 months to complete.

Finance & Funding

Related Content

  • Slovakia tenders for Visnove IT systems
    August 10, 2022
    The deal is likely to be worth around €71.5 million and bids can be submitted until October 25.
    Read More
  • Serbia inks two road deals with China at 16plus1 summit
    April 23, 2019
    Serbia said it signed two road construction agreements with China during the 16plus1 Summit in Dubrovnik, Croatia earlier this month. The two deals are for construction of the Pozega-Boljare and Novi Beograd-Surcin road routes. The Pozega-Boljare project alone is worth €2 billion and will be financed from the existing loan from the Exim Bank, according to media reports. China’s east-west Belt and Road Initiative was the focus of the annual 16plus1 Summit that brought together leaders from Beijing plus
    Read More
  • Four consortia head to second round Czech D4 tender
    November 23, 2018
    Czech Transport Ministry has advanced four out of seven consortia for a €975 million D4 motorway contract between Příbram to Písek. When signed, the 32km 25-year design-build-finance-operate contract will be the first of what the Czech government hopes will be more public-private partnerships. A Vinci-led consortium is one of the chosen groups, consisting of Vinci Highways, Vinci Concessiones and Meridiam Investments of France. Another is a German-Austrian group of Strabag and Hochtief. The third i
    Read More
  • Vietnam's new highway projects
    February 24, 2012
    Key highway projects are being planned in Vietnam. The Ninh Binh-Thanh Hoa expressway will run 127km and is expected to cost US$1.6 billion to construct. The Nghi Son-Bai Vot expressway will cost $1 billion to build and Vietnam's Ministry of Transport (MoT) hopes to source a loan from the World Bank for this project. Vietnam's MoT is putting the projects through the tender process at present. The deals will be made under either the build-operate-transfer (BOT) or public-private partnership (PPP) models. So
    Read More

Highlighted Content