Czech government tendering for PPP partner on D4 completion

Czech government tendering for PPP partner on D4 completion

Published at: 2018-05-15 10:11 | Author: CIJEurope.com
Anticipating the looming end of EU subsidies for infrastructure investments, the Czech Republic is organizing the completion of the D4 motorway between Příbram and Pilsen through a complex PPP project structure. Having engaged a consortium last between White & Case, Česká spořitelna and Obermeyer Helika to put together the project structure, the government has now launched a tender to identify the supplier. Originally, work on the 32 km of motorway needed to complete the D4 was expected to cost around CZK 79bn. That's been slashed to just CZK 24bn.

"Within three to six years, the European funds for the construction of motorways will be drastically reduced," said Transport Minister Dan Ťok. "That's why we have to prepare different financing models such as PPP. In the future, we'd like to build in this way in places where we have to build sections of road of 30 km or more and where we receive a valid zoning permit. The D35 and the D6 could be considered."

Similar Stories:

Gazprom investing additional €300m into Serbia’s NIS
Gazprom Neft has invested around €2.5bn since taking over the majority stake in the Serb  »
New plasma melting plant opens at Bulgaria’s nuclear power site
A new plasma melting plant opened at the Kozloduy nuclear power plant in Bulgaria, followi  »
Croatian island to get €6m solar power plant
A solar power plant is in the works for the island of Cres in Croatia. Construction on the  »
Počerady electric plant to fight new, stricter EU pollution norms
The brown coal-fired electric plant in Počerady, which is owned by the Czech power giant  »
Energoprojekt as investor is obliged to build a 40,000 sqm railway station, which includes   »