Cutting construction costs for key Czech connection

The Czech Republic is looking to cut construction costs for a 32km stretch of the D4 Pribram-Pisek highway between Milin and Mirotice. As a result the route will be constructed under public-private partnership (PPP) model. The total investment in the project is some €919.92 million. The construction work is expected to commence in the second half of 2016. The 32km stretch will take five years to complete. The road will be built under a concession model with the concession lasting for 25 years. The Czech Transport Ministry also plans to complete the construction of the D7 expressway as a PPP project. Neither route will form part of the Trans-European Road Network (TERN) so EU subsidies cannot be used to provide funding.