MEAG is financing, on behalf of some of Munich Re Group’s entities, an unnamed institutional investor and several unnamed banks, the Czech Republic’s first public-private partnership (PPP) project, worth a total of €525m ($638m).
The project is a 28-year concession for a section of a motorway between Prague and Písek. The construction and expansion to a dual two-lane motorway is scheduled for completion by 2025.
