Financial close achieved for D4 Motorway PPP in Czech Republic

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The consortium consisting of VINCI Highways and Meridiam (50/50) has completed the financing of the PPP contract for the D4 motorway linking Příbram (Central Bohemia) and Písek (South Bohemia). The contract was awarded in December 2020 and signed with the Czech Transport Ministry on February 15, 2021. In total, EUR474 million (US$569 million) of financing has been arranged for the project through debt denominated in both euros and Czech koruna.

The project consists of designing, financing, building, operating, and maintaining a new 32km motorway and widening an existing 16km section of road to two lanes in each direction. The contract is for 28 years, including 3.5 years of construction work, which will begin in mid-May 2021. The new motorway will provide an improved road connection between rural South Bohemia and Prague and will help improve traffic conditions on major commercial routes, particularly towards neighboring Germany and Austria.

 

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