Release date: 19 May 2014
Promoter – Financial Intermediary
The project promoter is the Slovak National Highway Company: Narodna dialnicna spolocnost, a.s. (NDS). NDS is the responsible authority for the development of motorways and expressways in Slovakia. The company is fully owned and managed by the Ministry of Transport, Construction and Regional Development. NDS staff administered the works contracts. Supervision services for the project were untaken by NDS. Construction works are completed.Location
Description
The project consists of the construction of a new 14.2 km section of the R4 Expressway between Kosice and Milhost in Slovakia.
Objectives
The R4 expressway is located in eastern Slovakia and when complete will, together with a section of the D1 motorway, provide a north-south road corridor connecting Poland and Hungary.
Comments
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 45 million
Total cost (Approximate amount)
EUR 91 million
Environmental aspects
The project was included in the Operational Transport Programme 2007-2013 for Slovakia, which falls within the scope of the strategic environmental assessment Directive 2001/42/EC. The project is a class of development that is included under Annex I of the environmental impact assessment Directive 2011/92/EU and subject to full procedure. The project passes through a special protected area defined under the Birds Directive 2009/147/EC. Environment and nature conservation decisions have been issued by the national competent authorities.
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC and Directive 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where required.
Status
Approved - 25/07/2014
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).