Transport got already CZK 150 billion from EU funds for new motorways and railway reconstructions

Transport got already CZK 150 billion from EU funds for new motorways and railway reconstructions
12/1/2018Press releases

The European Commission has paid a total of CZK 150 billion to the Czech Republic for new motorways, roads and railway repairs from the Operational Programme Transport I. This programme is now therefore completely closed and the transportation sector managed to successfully draw down the funds without any loss. Another CZK 19 billion is being distributed to construction sites from the follow-up Operational Programme Transport II.

Transport got already CZK 150 billion from EU funds for new motorways and railway reconstructions
"We have used the European money to modernise the D1 between Prague and Brno, we are building new sections of the South Bohemian D3 motorway, the D6 motorway in Karlovy Vary and the Třinec bypass on the I/11 road. We can modernise the Rokycany - Pilsen rail line and reconstruct the Olomouc railway station," says the Transport Minister Dan Ťok.

The approval of six remaining big projects at the end of the programme period also significantly contributed to the successful drawing down of funds from the old operational programme. In five instances these projects are the so-called phased projects and the 2nd phase of these projects will be implemented under the OPD II programme. They include the D35 section between Opatovice, Časy and Ostrov or the optimisation of the route between Bystřice nad Olší and Český Těšín.

The European Commission hereby confirmed that the whole process was all right and the Czech Republic obtained the European funds at the end of 2017. This means that the Ministry of Transport has successfully used up all the funds from the Operational Programme Transport I.

Also the Operational Programme Transport II can boast successful spending of the resources, because it has been successful in meeting the draw-down limits one year in advance. The amount of almost CZK 19 billion, which represented the minimum draw-down amount by the end of 2018, was used up already in the middle of December last year.




 
Back to article list