Skip to main content

Belgian road repairs budget shortfall

A substantial budgetary shortfall has been identified for repairs to roads in the Walloon Region of Belgium that €1 billion is needed to carry out necessary repairs to roads in the region. However the previous local administration had budgeted €600 million for the work.
May 15, 2012 Read time: 1 min
A substantial budgetary shortfall has been identified for repairs to roads in the Walloon Region of Belgium that €1 billion is needed to carry out necessary repairs to roads in the region. However the previous local administration had budgeted €600 million for the work.

Related Content

  • Emergency road repairs for Bangladesh
    February 15, 2012
    The Bangladeshi authorities are looking to boost investment in road maintenance and repairs.
  • €150.22bn to implement Moscow’s 2020 transport strategy
    July 30, 2013
    Russia: On transport development strategy for Moscow region until 2020. The new Moscow region transport strategy until 2020 aims to develop and popularise public transport, strengthen connections between districts via transverse highways, optimise cargo traffic, and increase safety. The strategy, devised by the Research and Design Institute of Moscow City Master Plan (NIiPI Genplan) after a request by the Moscow Transport Hub's Directorate, if successfully implemented is predicted to see an increase in annu
  • Australia road repairs for Victoria State
    April 4, 2017
    Poor road conditions present a major hazard to drivers in the Australian state of Victoria. Research by Australian motoring club, RACV, of data from VicRoads shows that 1,452km of the regional road network, around 7.4% of the system, is in a distressed state. The RACV is urging Victoria’s State Government to boost its road repair budget for 2017 to US$229 million (A$300 million) and begin tackling the problem. In all $916 million will be required to address the state’s road repair problem as long as work st
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.