|
|
R1 motorway: first of three road PPPs |
At the end of August the European Bank for Reconstruction and Development signed up as one of the main lenders for the first ever public-private partnership road project in Slovakia, emphasizing the bank’s importance as a provider of funding for groundbreaking infrastructure projects in central and eastern Europe.
The London-based supranational committed €200 million to a senior term facility totalling €1 billion that will cover most of the forecast €1.3 billion cost of the R1 motorway.
The project will...
