Funding Poland's delayed highway projects

Poland’s Ministry of Infrastructure is requesting that the country’s Ministry of Regional Development transfer EU grants worth some €10.66 billion. These funds had been set for use in specific road building projects, but the Ministry of Infrastructure wants to use the funds for other road schemes, preventing the money from being wasted where certain road projects are delayed. Major road projects would then be put on a list of those eligible for the EU funds.
May 14, 2012 Read time: 1 min
1470 Poland's Ministry of Infrastructure is requesting that the country’s Ministry of Regional Development transfer EU grants worth some €10.66 billion.

These funds had been set for use in specific road building projects, but the Ministry of Infrastructure wants to use the funds for other road schemes, preventing the money from being wasted where certain road projects are delayed.

Major road projects would then be put on a list of those eligible for the EU funds.

Poland currently has €12.1 billion allocated for specific motorway, dual carriageway and bypass building schemes under the EU Infrastructure and Environment programme, a number of which are subject to delays.

For more information on companies in this article

Related Content

  • Russian road-building industry on verge of massive cuts
    June 10, 2015
    Russia’s road building programme looks set to be cut due to economic issues - Eugene Gerden writes The Russian Government is considering a significant cut to the existing road building programme for the current year. This is due to a current economic crisis in the country, caused by Western sanctions as well as a collapse in the price of oil and gas.
    Read More
  • Brazil infrastructure projects being privatised?
    May 18, 2015
    The Brazilian Government is considering increasing the number of projects being privatised in a bid to boost investment in the country. Brazilian president Dilma Rousseff has suggested increasing the number of federal roads included in the privatisation programme from four to 11. The economic team has presented 20 new road stretches to be considered for inclusion in the programme. These routes will be studied in order to determine which will generate the most interest from the private sector, with six or se
    Read More
  • Vietnam planning new highway link for Vung Ang and Ham Nghi in Ha Tinh
    May 18, 2016
    Vietnam is working on plans to develop a new highway in Ha Tinh. The proposal has been put forward by the Project Management Board Unit 85. The new highway would connect Vung Ang and Ham Nghi in Ha Tinh. A request has been lodged by the Project Management Board Unit 85 for funds worth US$232.56 million from build-operate-transfer investors and $94 million from State budget funds. Under the project, three additional bridges and 13 core bridges would be constructed. The project requires $299.64 million in
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More

Highlighted Content