Tender for new Danube bridge in joint project with Slovakia

History

pixabay

The National Infrastructure Development Company (NIF) has called a public procurement tender for the construction of a new bridge over the Danube between Komárom in Hungary and Komárno in Slovakia, the NIF told Hungarian news agency MTI Tuesday.

The NIF said it will sign a contract with the winning applicant in December 2016 if the tender is successful, with work set to begin early next year. 

The new bridge, to be built west of the existing railway bridge, is expected to be put into service in fall 2019.

Hungary and Slovakia submitted a joint application for European Union funding for the construction of the bridge and the adjoining roads. The investment is being coordinated by Hungary.

The development will be financed from 85% European Union funding and 15% national funding.

Slovak investor SSC said construction work on the Slovak side will start at the end of September 2016. SSC said the total cost of the investment is EUR 117 mln, with the European Union providing EUR 52.2 mln to Hungary and EUR 47.6 mln to Slovakia.

ADVERTISEMENT

Erste Holds Bank Holiday for Commerzbank Portfolio Migration Banking

Erste Holds Bank Holiday for Commerzbank Portfolio Migration

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

European Shoppers Reveal Holiday Habits  Retail

European Shoppers Reveal Holiday Habits 

Hard Rock Hotel Opens 'Star Chalet' for Winter Season Hotels

Hard Rock Hotel Opens 'Star Chalet' for Winter Season

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.