Germany to boost infrastructure spending

Germany’s Government intends to boost transportation infrastructure spending, with the majority of funds going towards roads. An increase of €1 billion will be targeted at transport with some 60% of that budget being used for improvements to the country’s road network. In contracts some 30% will be for port, canal and general shipping infrastructure with a mere 10% for rail investment. The German Government has also granted approval for work to the next stretch of the A44 autobahn. The new 7km link will run
March 22, 2012 Read time: 1 min
Germany’s Government intends to boost transportation infrastructure spending, with the majority of funds going towards roads. An increase of €1 billion will be targeted at transport with some 60% of that budget being used for improvements to the country’s road network. In contracts some 30% will be for port, canal and general shipping infrastructure with a mere 10% for rail investment. The German Government has also granted approval for work to the next stretch of the A44 autobahn. The new 7km link will run from Kassel to Herleshausen and will cost €224 million, while the entire A44 autobahn will stretch 64km and cost €1.3 billion.

Related Content

  • Major Central American infrastructure projects
    February 23, 2012
    Mexico and Central America are home to some of the world's most spectacular infrastructure projects as Patrick Smith reports
    Read More
  • Massive German road investment required
    March 5, 2025
    German is requiring a massive investment in road development.
    Read More
  • Investment for Brazil’s Sao Paulo ring road
    June 8, 2012
    A new loan has been approved that will help finance works on the northern stretch of the Sao Paulo ring road in Brazil. The US$1.15 billion loan is being provided by the Inter-American Development Bank (IADB). Approval for the IADB loan has come from Brazil’s Committee for Economic Affairs (CAE) at Brazil's Senate. The loan will finance construction of the Rodoanel Norte stretch of the ring road. This measures some 44km long and will connect with the west and east sections of the ring road as well as linkin
    Read More
  • NSW government reveal roads budget programme
    June 19, 2012
    The New South Wales (NSW) government in Australia will invest AD $5 billion (US $4.95 billion) to build and maintain critical road and maritime infrastructure across NSW as part of the 2012/13 State Budget. “This year’s budget includes a significant investment aimed at tackling congestion in our busy city areas and improving our rural and regional network with major commitments to the Pacific, Princes, Hume and Great Western highways,” said NSW roads and ports minister Duncan Gay.
    Read More

Highlighted Content