Prague Approves 6.2B CZK Smíchov Transport Terminal, SMP Consortium to Build

Prague city council approved construction of the Smíchov multimodal transport terminal, connecting rail, metro, and bus services, with a consortium led by SMP Construction selected as contractor at a cost of 6.2 billion crowns. The project is a major urban infrastructure investment, but details on timeline and funding remain unspecified. This is a routine procurement decision with no immediate market or geopolitical implications.