Slovakia plans to invest more than €3.5 billion (US$ 4.76 billion) on new roads, motorways and other transport infrastructure, according to the draft partnership agreement between the 1116 European Union and Slovakia for the 2014-2020 budgetary period.
The proposal claims that the current state of infrastructure in Slovakia is poor, technically obsolete and incomplete, which not only creates obstacles in the mobility of citizens but also reduces the attractiveness of the country for foreign investors. The country proposes to spend the finances from structural funds on construction of roads and motorways, which are to be part of the TEN-T network, and the modernisation of main railway corridors. Funds will also be allocated to increasing the energy efficiency and environmental friendliness of the transport system, and improving the public transport system and navigability of the river Danube.
The proposal claims that the current state of infrastructure in Slovakia is poor, technically obsolete and incomplete, which not only creates obstacles in the mobility of citizens but also reduces the attractiveness of the country for foreign investors. The country proposes to spend the finances from structural funds on construction of roads and motorways, which are to be part of the TEN-T network, and the modernisation of main railway corridors. Funds will also be allocated to increasing the energy efficiency and environmental friendliness of the transport system, and improving the public transport system and navigability of the river Danube.
