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

  • Saudi Arabian capital Riyadh benefiting from major transport investment
    September 9, 2013
    Saudi Arabia is undergoing a series of upgrades to its transport network in a bid to improve Traffic flow rates and boost safety - Mike Woof reports. The massive growth in the use of motor transport worldwide since the start of the 20th century has transformed every country on the planet. But perhaps no country has changed more dramatically than Saudi Arabia, the world’s leading oil producer. At the start of the 20th century Saudi Arabia’s population was small and the country had few industries while it is
    Read More
  • Construction growth Italy: upwards but slower
    January 31, 2020
    Construction investment in Italy will grow between 2020-2021, albeit at a slower pace than 2019, according updated estimates by the SaMoTer-Prometeia Outlook.
    Read More
  • Environmental impact drives warm mix growth
    November 14, 2012
    Warm mix asphalt can save energy and the environment, cutting emissions of carbon dioxide and other harmful gases, but are environmental arguments enough for clients and contractors? Kristina Smith asks Though popular in the United States, warm mix asphalt is still a technology waiting to happen in the rest of the world. Chemical companies who imagined a meteoric rise in sales are still waiting for the right economic conditions to allow warm mix to start taking serious market share from hot mix. “In Europe
    Read More
  • The new agile world of the construction equipment industry
    June 22, 2015
    while worldwide for 2015 a crystalball would be helpful, in Europe the sector has already listed specific priorities it wants to tackle, and among these are the upcoming emissions regulations (see separate story), external trade and access to foreign markets, and market surveillance.
    Read More

Highlighted Content