EBRD provides €150M loan for road projects in Slovakia

WCN Editorial Team 24 Jun 2016 EUROPE TRANSPORT INFRASTRUCTURE

The European Bank for Reconstruction and Development (EBRD) has provided a €150M loan  for the construction of new sections of the D4 highway and the R7 expressway in the Slovak Republic.


The project includes 27km of new sections from Jarovce to Ivanka Sever and Ivanka Sever to Rača of the D4 highway —  part of the comprehensive Trans-European Network development programme. Together with the R7 expressway, they will provide a connection between the D1 and D2 highways.

The 32km R7 expressway from Prievoz to Holice will connect the D4 and D1 highways and provide access to the city of Bratislava from the southeast.

The loan is part of a larger financial package totalling €875M provided to the concessionaire Zero Bypass Limited under a public-private partnership (PPP) scheme.

Zero Bypass Limited — owned by Macquarie Corporate Holdings Pty Limited, Cintra Infraestructuras International and Porr AG — secured the contract to design, build, finance, operate and maintain the newly-constructed segments of D4 and R7 for 30 years after an open tender process.

Sue Barrett, EBRD director for transport, said: “This is a very important project and the EBRD is pleased to join forces with other financiers to make it happen.

“The new road sections will play an important role in easing traffic congestion around Bratislava, open up access to other parts of the country and connect the Slovak Republic with Trans-European Networks.”

* Data provided by Timetric's Construction Intelligence Center.

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