Warsaw, 23 January 2008.- A consortium led by Ferrovial subsidiary Budimex Dromex has been awarded a contract to build a 10.37-kilometre section of the S8 highway in Warsaw, stretching from Prymasa Tysiaclecia avenue to Konotopa junction, which will be connected to the A2 highway by the end of 2010.
Worth 2.14 billion Polish zlotys (around 590 million euro), the project is one of the most important highway investments in the region in recent years. The project was awarded by the Polish Roads Authority; construction will begin on 15 March and is set to be completed by 15 December 2010. Once it is in use, the highway will distribute traffic from the A2. The contract includes the construction of six lanes, three each way, along 10.37 kilometres.
Additionally, the existing roads close to the project will be rebuilt, and 9.4 kilometres of access routes will be created. The project also includes the construction of various junctions, more than 25 viaducts and complementary projects for sewage, electricity, traffic safety, etc.
The consortium, led by Budimex Dromex (27%), also comprises Strabag (27%), Mostostal Warszawa (27%) and Warbud (19%). Budimex has been Ferrovial's construction subsidiary in Poland since 2000. Between January and September, the company obtained 619 million euro in revenues, up 13% from the previous year. At the end of September, Budimex's backlog had increased by 12% to 876 million euro.
Worth 2.14 billion Polish zlotys (around 590 million euro), the project is one of the most important highway investments in the region in recent years. The project was awarded by the Polish Roads Authority; construction will begin on 15 March and is set to be completed by 15 December 2010. Once it is in use, the highway will distribute traffic from the A2. The contract includes the construction of six lanes, three each way, along 10.37 kilometres.
Additionally, the existing roads close to the project will be rebuilt, and 9.4 kilometres of access routes will be created. The project also includes the construction of various junctions, more than 25 viaducts and complementary projects for sewage, electricity, traffic safety, etc.
The consortium, led by Budimex Dromex (27%), also comprises Strabag (27%), Mostostal Warszawa (27%) and Warbud (19%). Budimex has been Ferrovial's construction subsidiary in Poland since 2000. Between January and September, the company obtained 619 million euro in revenues, up 13% from the previous year. At the end of September, Budimex's backlog had increased by 12% to 876 million euro.
