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

  • 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
    Read More
  • Poland's A1 motorway progressing well
    February 9, 2012
    The second major phase of a north-south motorway in Poland is well underway. It will reduce congestion and improve safety as Patrick Smith reports Before the whistle blows to herald the start of Euro 2012, Poland's main seaport Gdansk will boast new roads, a new airport and a new stadium. The historic city in the north of the country on the Baltic coast will be one of the venues for football's 14th European Championship, being co-hosted by Poland and Ukraine.
    Read More
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
    Read More
  • Multi-billion dollar Vietnam transport projects to be supported by ODA of Japan
    December 16, 2013
    A total of 29 transport projects costing a combined US$7.42 billion, including the Phan Thiet-Nha Trang road, will be carried out in Vietnam from 2013 until 2016, according to the country’s Ministry of Transport. Of the 29 projects, 18 projects worth $2.34 billion collectively were due to be commissioned by the end of 2013. The ministry has said that the projects are supported by the government of Japan through $6 billion of ODA funds, including around $774.59 million for 2013. The Quang Ngai-Danang and D
    Read More

Highlighted Content