Slovakia’s third PPP highway contract to be signed in mid-February

Transportation Minister Ľubomír Vážny is to sign a contract involving the third package of a public private partnership (PPP) project for motorway construction and the deal will be closed by February 16, the Slovak government decided on January 21, the TASR newswire wrote.

Transportation Minister Ľubomír Vážny is to sign a contract involving the third package of a public private partnership (PPP) project for motorway construction and the deal will be closed by February 16, the Slovak government decided on January 21, the TASR newswire wrote.

This PPP contract covers the following D1 motorway sections: Hričovské Podhradie-Lietavská Lúčka, Lietavská Lúčka-Višňové, Višňové-Dubná Skala, all in Žilina region.

The winner of the tender for this project is a consortium of Hochtief PPP Solutions GmbH, Alpine Bau GmbH, FCC Construcción S.A. and Western Carpathians Motorway Investors Company GmbH.

The conclusion of the project and the signing of a definitive contract had been postponed because the European Investment Bank (EIB) requested further information and the submission of additional documents, Minister Vazny said in November 2009. 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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