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| Vinci named concessionaire for expressway in Slovakia The Granvia consortium consisting of Vinci Concessions (principal) and the AA Highway private equity fund has just signed the public private partnership contract for the R1 expressway with the Slovak Ministry of Transport, Posts and Telecommunications. Located to the east of Bratislava, the new 2x2 lane infrastructure will link the cities of Nitra and Tekovské Nemce and by-pass the city of Banská Bystrica in Slovakia. The 30-year contract covers financing, design, construction, operation and maintenance of the 52 km expressway consisting of four separate sections. The total amount of the project is more than €1 billion. The works, which are to last four years and have a total value of €900 million, will be carried out by Granvia Construction a subsidiary of Stavby Silnic a Zeleznic (SSZ), wholly owned by Eurovia (part of the Vinci Group). write your comments about the article :: © 2009 Construction News :: home page |