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The sections, which make up about half of the Hungarian section of the international V/C Helsinki transport corridor, will be built in a PPP project, with private capital financing the construction and the state paying an annual stand-by fee. The remaining sections will be built starting only in 2007, in order to be able to secure funds from the EU in the financial cycle beginning that year, Koka said.
A public procurement tender for the projects is expected to be published during the summer, after which a contract will be signed likely in H1 2006. The decision comes hand in hand with a recent government decision on speeding up construction on remaining sections of the M7 motorway leading to the Croatian border, as well as sections of the M0 ring around Budapest, with works there also to be completed by the end of 2007 on certain sections.
