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15Oct92 CZECHOSLOVAKIA: TRAFALGAR EDGED OUT IN CZECH TOLL ROAD BID.

Trafalgar House has lost out to three German and Italian groups in the race to bid for a £250 million toll road as part of the D5 motorway between Plzen and Rozvadov in the Czech republic.The news is a bitter blow for TH because the project was the first central and east European toll highway it has applied to build.In July, the firm was included in one of 10 ventures invited to submit prequalification applications to the Czech motorway directorate (RdP) for a concession to build, operate and finance the D5.After extensive evaluations RdP and its financial advisers, Pragoprojekt and Kleinwort Benson, decided to invite just three groups to submit concession proposals.These are: Strabag, leading GTM, Dumez, Cofiroute and Stavby Silnic and Zeleznic; Philipp Holzmann with Transroute, Cogefar/Impresit, Beugnet and Nord France; and Italstrade fronting Hochtief, Salini, Girola and Autostrade.Tender documents will be invited later this month for return next March. Work will start by the end of next year.