Spectator on facebook

Spectator on facebook

Construction of D1 highway might get private funding

Transport Minister Pavol Prokopovič wants to get Sk80-100 billion (€1.9-2.38 billion) from private sources for the construction of the D1 highway to Košice via Žilina, news wire TASR reported.

The highway should be completed by 2008. However, long deadlines in the law on public procurement might slow down the process of selecting strategic investors, according to Prokopovič.

The Slovak Roads Administration is in charge of selecting an advisor for the tender for the entrance of private capital into highway construction.

Prokopovič expects construction work on the first highway section financed by the private sector to begin in mid 2005. So far, Italian, French, and two German companies have indicated interest.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Another police raid shows lack of equipment and training Video

Police have been waiting for promised body cameras since 2013.

His photo travelled around the globe. He got a punch in the face Photo

For three days, he only had time to take calls and answer emails. Almost all the important global media outlets called or emailed Vladimír Čičmanec.

Vladimír Čičmanec

Talent is not always enough - sport is an expensive hobby

Promising young athletes often do not have the chance to bring their talent to the next level due to lack of funds.

400 types of Slovak seeds will be placed in the World Gene Bank at Spitsbergen Photo

Slovak Agriculture Ministry works is storing the seeds on the Svalbard archipelago.

World Gene Bank in Spitsbergen, Norway