Skip to main content

French budgets trimmed

Reductions in road building budgets are being implemented in various departments in France, in a bid to cut overall spending. In 2009 some €4.5 billion was spent on the road budget, compared with €3.9 billion planned for 2012.
March 16, 2012 Read time: 1 min
Reductions in road building budgets are being implemented in various departments in France, in a bid to cut overall spending. In 2009 some €4.5 billion was spent on the road budget, compared with €3.9 billion planned for 2012. Various local authorities were able to make small cuts in roads budgets until now. However the budget reductions are now becoming more direct as local authorities are seeing their resources fall and social costs rise. Looking ahead through 2012, the outlook is not favourable and for example in Calvados department, three projects for dual carriageways have already been cancelled which is expected to have a corresponding impact on the contracting sector.

Related Content

  • CECE equipment manufacturer’s conference in Berlin looks ahead for construction market growth
    October 29, 2012
    The construction equipment market has been hit hard in Europe and further afield, with economic uncertainty slowing orders. But there is light on the horizon. A range of key industry speakers made presentations at the recent Committee for European Construction Equipment (CECE) congress in Berlin, outlining prospects for the next few years in Europe as well as around the world.
  • Argentina highway works now budgeted
    October 13, 2017
    Key road improvements for Argentina have now received a budget plan from the Federal Government. Road improvement works in Rio Negro Province will see a budget of US$ 277 million for 2018. Nearly half of the budget will be used to improve and maintain Dual Carriageway 22 and Route 23. Meanwhile work is now being carried out on the third ring road for Buenos Aires, which will join Motorway 2 and Acceso Oeste. The route will measure 83km long and is costing $606 million. The improved route will be a dual carr
  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
  • Germany is developing infrastructure plans
    March 21, 2016
    The German Government's new transport investment strategy will see increased spending until 2030. The Ministry for Transport says that the emphasis will be on renovating existing infrastructure, instead of building new projects. Around 70% of investment will be for renovation and improvement projects, compared to 56% in the previous transport strategy. The plan is worth a total of €264.5 billion, an increase of €91 billion over the previous plan, with 49.4% targeted at road projects, 41.3% for rail and 9.3%