Slovakia signs second agreement for PPP highway projects

The contract for construction of sections of the second package of motorways through public private partnership (PPP) projects was signed on March 23 by the Slovak Republic and the winning consortium of Vinci Concessions and ABN AMRO Highway, the TASR newswire reported. “The issue of motorways is long-term. As you know, in 1998 their construction was suspended. Otherwise, we could have motorways to the border with Ukraine today,” Slovakia's President Ivan Gašparovič said following his meeting with Transport, Posts, and Telecommunications Minister Ľubomír Vážny. He added that the construction of motorways through this second package will bring another 1,500 new jobs, TASR wrote. Vážny stated that it includes the construction of sections of express road R1 involving 53 kilometres overall. The consortium, he said, won the tender with a price of €1.5 billion, with €930 million in investment and the remainder connected with the operation of the construction.

The contract for construction of sections of the second package of motorways through public private partnership (PPP) projects was signed on March 23 by the Slovak Republic and the winning consortium of Vinci Concessions and ABN AMRO Highway, the TASR newswire reported.

“The issue of motorways is long-term. As you know, in 1998 their construction was suspended. Otherwise, we could have motorways to the border with Ukraine today,” Slovakia's President Ivan Gašparovič said following his meeting with Transport, Posts, and Telecommunications Minister Ľubomír Vážny. He added that the construction of motorways through this second package will bring another 1,500 new jobs, TASR wrote.

Vážny stated that it includes the construction of sections of express road R1 involving 53 kilometres overall. The consortium, he said, won the tender with a price of €1.5 billion, with €930 million in investment and the remainder connected with the operation of the construction.

The contract for the second package of PPP projects was approved by the Government on March 11. PPP projects are designed to permit Slovakia to finance the construction of some 150 kilometres of road infrastructure and the overall value is expected to be €4.17 billion.

The PPPs were divided into three packages. The first package includes sections of the D1 motorway from Dubna Skala to Turany, from Turany to Hubová, from Hubová to Ivachnová, all in the Žilina region; from Janovce to Jablonov in the Košice and Prešov regions; and from Fričovce to Svinia in the Prešov region.

The second package includes sections of the R1 express road from Nitra to Selenec, from Selenec to Beladice, and from Beladice to Tekovské Nemce in the Nitra region; and a northern bypass around Banská Bystrica.

The third package includes D1 motorway sections from Hričovské Podhradie to Lietavská Lúčka, from Lietavská Lúčka to Višňové, and from Višňové to Dubná Skala; and a motorway feeder from Lietavská Lúčka to Žilina. TASR

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

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