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| Hochtief builds ring road around Prague In the next three years, Hochtief Construction AG will build a 6.4-kilometer section of the ring motorway in the southern part of Prague. Ring Road 514 is the biggest contract ever awarded by the Road and Motorway Directorate of the Czech Republic. The contract volume is EUR 313 million. Hochtief will realize the project in a joint venture with two Czech partner companies. The contract sum is shared in equal parts by the partners. The construction of the motorway is financed by the Czech government, the European Investment Bank EIB and via EU funds. One element of the technically demanding construction project is a 3.7 kilometer long tunnel section. To provide for a flood-safe crossing of a Vltava River affluent, the joint venture will also build bridges with a total length of more than two kilometers and a fully raised interchange complete with several bridges. The new motorway section is planned to be opened for traffic in late 2009. write your comments about the article :: © 2006 Construction News :: home page |