Construction, Financial Services, Legislation, Lithuania, Transport

“Works are progressing in line with schedule and even ahead of schedule. If everything goes smoothly, the whole phase of the bypass should be opened this year. As regards financing, everything is going smoothly, too. We’ve received money from the European Union,” he told the reporters on June 23rd.

Disbursement of EU money might be launched “in a couple of weeks”, he said. Transport Minister Rimantas Sinkevicius on Wednesday signed an order allocating 84.06 million euros from EU funds.

Aldas Rusevicius, CEO of Kauno Tiltai (Kaunas Bridges), the largest transport infrastructure construction company in the Baltic countries and the general contractor of the third phase of the bypass, said that more than 50% of construction works had already been carried out.

“Overall, approximately 55% of bypass construction works have been carried out by combined efforts of all builders. We hope that our commitment to open the road to traffic as early as this year will be implemented,” he told the reporters.

The third phase of the western bypass was supposed to be completed in the first quarter of 2017. This section, worth 105 million euros, will connect highways Vilnius–Kaunas–Klaipeda and Vilnius–Panevezys.