Ferrovial integrates the consortium designated as the preferred bidder by the Ministry of Transport of the Czech Republic to develop, under a public-private partnership model, a section of the D35 highway, with an estimated value of 71.320 billion Czech crowns (2.923 billion euros).
The company has detailed in a press release that it will participate in the project through its highways division, Cintra, and its Polish subsidiary Budimex. Together with Strabag and Inversis, they form the proposal that has obtained the best economic and technical score among the bidders.
The contract covers the design, financing, construction, operation, and maintenance of two sections of the D35, Opatovec-Staré Mesto and Staré Mesto-Mohelnice, which together total 35.4 kilometers of new highway.
In addition, the agreement includes the operation and maintenance of the adjacent section between Litomysl and Opatovec, of 17 kilometers, so that the total length of the managed network approaches 52 kilometers.
Ferrovial has indicated that the concession will last for 28 years from the financial closure and will be structured through a availability payment scheme, without assuming traffic demand risk. The project includes the construction of two tunnels of 4 kilometers and 1.3 kilometers, respectively.
The D35 is considered one of the main transport axes of the Czech Republic and, once completed, will strengthen the link between Bohemia and Moravia, in addition to helping reduce the current saturation on routes I/35 and D1.
"We are proud to participate in one of the most important transport infrastructure projects in the Czech Republic. The D35 aims to strengthen connectivity, contribute to economic growth, and generate long-term value for local communities," said Ferrovial's CEO, Ignacio Madridejos.
"This project is yet another example of how public-private partnerships can provide critical infrastructure efficiently and sustainably, while contributing to the long-term development of the country," he added.