A consortium led by Ferrovial subsidiary Cintra has won a contract valued at €1.01bn from the Slovakia Ministry of Transport to design, construct, finance, operate and maintain the beltway around Bratislava, Slovakia.
The consortium also includes Australian group Macquarie and Austrian construction company Porr.
The project will involve the construction of a new 27km highway around Bratislava (D4). The highway will have two lanes in each direction and will create a beltway to the east of the city and a connection with existing radial roads.
Work will also include the construction of the new R7 radial highway. The 32km highway will comprise two to three lanes each way, and will run in a south-easterly direction from the city centre.
The project will be developed by Cintra, with design and construction executed by a joint venture led by Ferrovial Agroman with Porr. Operation and maintenance will be managed by the concession company.
The concession will run for 34 years, with construction anticipated to take four years to complete. The project is expected to reach financial close in the second quarter of 2016.