Legal step for Czech tunnel project

The torturous legal case regarding the stalled Blanka Tunnel project in the Czech Republic has taken one step forward. An arbitration court in the country has ruled that the tunnel has to be completed within five months' time. The construction work was halted earlier due to a dispute between the contractor and the city authorities. The tunnel is required to help reduce traffic congestion in the Czech capital Prague with work having commenced in 2007. The project was originally supposed to be ready for traff
April 23, 2014 Read time: 2 mins
The Blanka Tunnel in the Czech capital Prague features innovative technology but work has been hit by legal issues
The torturous legal case regarding the stalled Blanka Tunnel project in the Czech Republic has taken one step forward. An arbitration court in the country has ruled that the tunnel has to be completed within five months' time. The construction work was halted earlier due to a dispute between the contractor and the city authorities. The tunnel is required to help reduce traffic congestion in the Czech capital Prague with work having commenced in 2007. The project was originally supposed to be ready for traffic by 2011 but costs spiralled and this was one of several factors along with allegations of performance targets not having been met that gave rise to the current complex court cases. This latest judgement calls for the city of Prague to pay some €145.64 million to the construction firm Metrostav. However the firm is seeking an additional €36.4 million from the city, which will be handled in court in June 2014.
Finance & Funding Road Structures

Related Content

  • Florida highway rebuild project
    May 2, 2018
    Rebuilding a congested stretch of highway in Florida will cut congestion and boost safety for commuters - Mike Woof writes. Florida’s 214km-long I-4 highway provides a key transport route between Tampa and Daytona Beach, but has an unenviable reputation for both congestion and safety, with frequent delays due to heavy traffic as well as crashes. The stretch running through the city of Orlando is particularly prone to jams at peak periods, with huge traffic volumes resulting in vehicles having to slow to a c
    Read More
  • Tenders and financing for Serbian highways
    November 22, 2013
    The Serbian Government is considering a loan from China’s Export-Import Bank, which would pay for the construction of the E-763 highway. The bank looks set to give its approval for the €223 million loan, which would pay for 90% of the construction work for the E-763, or Obrenovac-Ljig, highway. The loan would be approved over a 20 year repayment period and a five year grace period at the fixed rate of 2.5%/year. Meanwhile tendering will open for completion works on Serbia’s Pirot-Dimitrovgrad highway unti
    Read More
  • 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
  • Brazil’s Serra do Cafezal Highway
    July 29, 2015
    Brazil's improved Mercosur route will boost capacity and cut travel time - Mauro Nogarin writes. The Régis Bittencourt Highway is one of the main access routes of the Mercosur traffic. It has a length of 400km and connects the main cities of São Paulo and Curitiba, which allows for products to enter from the southeast toward the rest of the southern part of Brazil and later transit to Argentina, Paraguay and Uruguay. Products also flow into Brazil from Mercosur through this major highway. The cost of the hi
    Read More

Highlighted Content