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Bankruptcy stalls EN125 repairs
Correia added that he was not surprised as he knew the difficulties the company had trying to get credit from the bank. The estimate for roadworks came to 339 million euros and involves 273 kilometres. The hold-up, which is expected to last until Easter, has had an immediate impact on archeological excavations ongoing at the Faro bypass.
Teams involved in sorting through remains of an ancient Roman burial ground have been ordered to stop their work immediately. Readers will recall that all renovation work to the EN125 was meant to have been finished BEFORE road tolls were introduced on the A22 Via do Infante – so that the EN125 did indeed pose a viable, secure alternative to a paid motorway…