15th March 2017

cianews.cz: CEEC Research: Investors opened tenders worth CZK 3.4bn

Public investors opened totally 110 building work tenders with the aggregate value of CZK 3.4bn in January 2017, down 46.3% for the no. of tenders and 47.5% for value. The no. and value of opened tenders reached a three-year low. For a comparison, 160 tenders worth CZK 5.7bn were opened in 2014. The value of completed tenders and awarded contracts was twice higher than in 2016. This stems from an analysis by CEEC Research using data registered with the Public Contracts Bulletin as of the end of January 2017, cianews.cz wrote..

Also, according to cianews.cz, apart from the modernisation of the D1 motorway, the Road and Motorway Directorate (ŘSD) will start key construction projects with an approved faster EIA mode in 2017. Altogether, this applies to 140 km of motorway sections. Over 600 km of motorways and first-class roads will be repaired. Transport Minister Dan Ťok (ANO) said that CZK 82bn was prepared for all transport projects in the State Fund for Transport Infrastructure (SFDI). This information was provided by the Czech Ministry of Transport, which added that tender procedures had already been announced for contractors, land was being bought out or expropriated, and the Directorate was gradually submitting applications for a building permit.

Members of the American Chamber of Commerce in the Czech Republic