Government approves the ring road project

THE GOVERNMENT approved signing of the agreement on the Bratislava ring road project at its February 17 session.

(Source: Sme)

The Transport Ministry has to sign the agreement with a consortium led by Spanish firm Cintra Infraestructuras International by the end of February. The government also approved the schedule for implementing and financing the measures to reduce the impacts on a nature conservation area, the SITA newswire reported.

The consortium Obchvat Nula led by Spanish Cintra Infraestructuras International has offered to design, build, finance, operate and maintain the highway project within a public-private partnership project for an annual instalment of €56.72 million. The project concerns the 59-km Bratislava ring road consisting of D4 highway Jarovce – Ivanka, north – Rača and R7 dual carriageway Prievoz – Ketelec – Dunajská Lužná – Holice.

Read also:Bratislava ring road is closer Read more 

The state will pay the company a total of €1.891 billion during a 30-year operation. The instalments will be paid after the road is put into operation, as reported by SITA.

The consortium, which features also Austrian Porr and Australian Macquarie Capital Group, plans to hire local sub-contractors for construction works, but it has not specified whom and for what works yet. It is expected that about 1,000 new jobs will be created, while about 50 people will be needed when operating the road, according to SITA.

The construction of the ring road should last four years and three months, and should be completed by 2020.

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