The financial crisis affects on the PPP motorway projects substantially
Realisation of the public-private partnership (PPP) projects while building stages of D1 motorway and R1 speedway is impacted by the crisis of financial institutions substantially. It made possibilities of the banks, which intends to apply for concession, narrowed to minimum. The Department of Transportation informs about it in the information sent to the Government session. „Shortness of liquidity on the side of banks has much higher impact for the banks decision making on participation in these projects than quality of projects or financial standing and rating of Slovak republic, “ the Department of Transportation presents in the information. The Department struggles to make the PPP projects financing accessible to the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) to maximal extend. Participation of both multilateral financial institutions ought to be important trust creating element in entire financial ability of the PPP projects according to the Department of Transportation.
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