Spectator on facebook

Spectator on facebook

Construction of Slovakia’s R1 highway should begin in autumn

Transport, Posts and Telecommunications Minister Ľubomír Vážny said on July 15 that after the European Bank for Reconstruction and Development’s (EBRD) approval of a €250-million loan for the completion of the R1 express highway the negotiations with the contractor – French construction and electrical engineering company VINCY – have moved forward, the TASR newswire reported.

Transport, Posts and Telecommunications Minister Ľubomír Vážny said on July 15 that after the European Bank for Reconstruction and Development’s (EBRD) approval of a €250-million loan for the completion of the R1 express highway the negotiations with the contractor – French construction and electrical engineering company VINCY – have moved forward, the TASR newswire reported.

“The Council approved the project at its session today but the investment itself is still subject to agreement between all the participating parties,” the head of EBRD's department of media relations, Anthony Williams, told TASR on July 14.

“Theoretically, when we agree, under appropriate conditions and with a consolidation of the state’s positions, the project could be approved by the Government on August 19 and I could sign it on August 20,” Vážny stated following the government session on July 15.

Because of a recent amendment to the law on public procurement, after the addendum to the contract with the contractor has been signed, a 30-day period must elapse before the construction work begins, Vážny said, adding that he believes the negotiations with the contractor can be concluded within the next few days and construction can start in autumn. 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.

Top stories

Slovak scientist in the US: Slovak science needs more than just money to thrive

It seems as if we do not want skilled scientists to return home, says Dominika Truban, who founded a platform connecting Slovak researchers abroad and at home.

Dominika Truban

The Education Ministry to restore the analytical institute

The institute that is part of the Value for Money initiative was merged with another body at the beginning of the year.

Education Minister Martina Lubyová

New web app shows property owned by politicians

The aim is to clearly show publicly accessible information about public officials that is scattered through various state websites and registers.

Zsolt Simon

Blog: Helping others helps your company too

Tatiana Čaplová, Program Coordinator for CSR at the Pontis Foundation, offers a very interesting look behind the scenes of the most successful CSR event in Slovakia - Naše Mesto (Our City).

Bratislava