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NIF - M25 Eger Expressway - Hungary - Project Profile

Synopsis
"NIF - M25 Eger Expressway - Hungary - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "NIF - M25 Eger Expressway - Hungary - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
NIF National Infrastructure Development Pvt Ltd Co (NIF) is undertaking the development of M25 Eger Expressway at the northeast of Budapest in Hungary.

The project involves the construction of a 19km, 2x2 lane of M25 motorway in two sections namely north section and south section.

North section is divided into two stages. The first stage involves the reconstruction of the road between Mezokövesd and Eger. The second stage involves the construction of a four-lane road with the length of 4km from Andorra to Eger.

South section involves the construction of the 15km highway from M3 to the Andoran offshore junctions, which is further divided into two sections. The first section involves the construction of the 7km highway from the M3 motorway to the main road no. 3 and second section involves the construction of a 7.5km highway with a 24.6m width between Main Road No.3 and Road 2502.

The project also involves the construction of pedestrian ways, paved shoulders, related infrastructure facilities and the installation of overhead gantry signs, safety and security systems.

The project was funded by European Union.

In The first quarter of 2017, Colas Hungaria Zrt (Colas) awarded the design-build contract for the first stage of the north section and the joint venture (JV) of He Do Ltd, Colas Hungaria Zrt (Colas), KM Builder Ltd awarded the design-build contract for the second stage of north section.

On June 24, 2017, the tender was issued for the south section.

On June 29, 2017, the Groundbreaking ceremony was held for the north section marking the commencement of construction works.

On December 20, 2017, Colas awarded the design-build contract for the first section of the south section and JV of He Do Ltd and colas awarded the design-build contract for the second section.

Construction work is underway on the north section with completion scheduled in the third quarter of 2018. Design works are underway on the south section and the construction work is scheduled for completion in 2020.

Scope
The project involves the construction of a 19km, 2x2 lane road of M25 Eger Expressway at the northeast of Budapest in Hungary.

The US$141 million project includes the following:

1. Construction of reconstruction of the road between Mezokövesd and Eger

2. Construction of 4km from Andorra to Eger

3. Construction of 15km highway from M3 to the Andoran offshore junctions

4. Construction of pedestrian ways

5. Construction of paved shoulders

6. Construction of related infrastructure facilities

7. Installation of overhead gantry signs

8. Installation of safety and security systems

Reasons To Buy
- Gain insight into the project.
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- Identify key project contacts.

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NIF - M25 Eger Expressway - Hungary - Project Profile
Published By :Timetric
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