The European Investment Bank ( EIB ) is supporting the construction of a 12.64-kilometre  section of the Prague Ring Road, located southeast of the Czech capital.

The new motorway segment on the ring road is part of the Trans-European Transport Network ( TEN-T ), designed to improve traffic flows, reduce congestion, and enhance regional and international connectivity.

The project is developed and implemented by Ředitelství silnic a dálnic ( RSD ), with financing channelled through the State Fund for Transport Infrastructure ( SFTI ), both operating under the Czech Ministry of Transport.

The total amount of financing approved by the EIB for the project is 10.1 billion Czech koruny ( US$484 million ), of which 5.1 billion koruny is now provided to the Czech Republic via the Ministry of Finance. The remaining 5 billion koruny will be provided as the project implementation advances.

The project forms part of Prague’s Sustainable Urban Mobility Plan ( SUMP ) and contributes to the completion of the 81.28km ring road, expected to be completed in 2032. It features pedestrian and cyclist facilities and includes a green vegetation belt on the inner side of the ring road.

“This investment will help reduce congestion, improve air quality and the environment in general, and strengthen the Czech Republic’s transport,” says EIB vice-president Marek Mora. “It is a strategic step forward for both local commuters and international transit.”

The construction contributes to the development of the TEN-T Core Network and the Baltic-Adriatic Corridor and supports the EU cohesion policy in transition regions, with part of the works located in the Středočeský kraj.

The investment aligns with the EIB’s transport lending policy, which supports road infrastructure projects that contribute to safer, greener, more accessible, and efficient mobility, and consistent with EU climate and cohesion objectives.

TEN-T is a European Union initiative aimed at improving connectivity, interoperability, and sustainability across member states. It is deemed essential for cross-border mobility and economic cohesion in the EU, linking major cities, ports, and industrial hubs.