Slovakia plans tenders for 30km roads in next six-nine months.

By bne IntelliNews October 16, 2012
Slovakias National Highway Company (NDS) plans to launch tenders for the construction of about 30 kilometres of roads in the next six to nine months, reported. Most of the new road stretches will be targeted at the completion of the 225km R1 expressway from Trnava to Ruzomberok. This is a piece of good news for the Slovak construction industry, which suffers from lack of public projects. In the first eight months of 2012, the volume of Slovak companies construction output fell 11.5% y/y to EUR 3bn, with domestic output dropping 13.2% and non-domestic output growing 34.3%. Road construction projects for another 40 kilometres have been put on hold, awaiting decisions by the court or by the European Commission. On Tuesday, Transport Minister John Pociatek launched the construction of a 5.8km long R2 expressway bypass of the town of Ziar Nad Hronom in central Slovakia. The bypass will be built by Austrian construction company Strabag, which placed the lowest bid of EUR 26mn in the tender. The project is planned to take two years.

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