Vinci has opened the first three sections of the R1 expressway in Slovakia, which is known as PR1BINA and has been built on a public-private partnership (PPP) basis at a cost of €900m.
The project involves the construction of 52km of four-lane expressways, which have been divided into four sections linking the towns of Nitra and Tekovské Nemce.
The project includes a bypass stretch of Banská Bystrica town that is expected to open in July next year.
The contract also covers the financing, design, construction, operation and maintenance for a period of 30 years.
The project was awarded to GRANVIA consortium led by VINCI Concessions in 2009 and Vinci owns a 50% share in the concession.
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