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

  • Spain: 'spend more on maintenance'
    July 5, 2012
    Spain's road maintenance deficit has now reached €8.6 billion in the period since 2005, according to road maintenance companies. The industry has now asked the authorities to invest 2.5% of the roads value on maintenance to take up the shortfall. The companies include Imesapi and Dragados (ACS); Grupisa (Ferrovial); Acciona Mantenimiento de Infraestructuras (Acciona); Martinsa (FCC); Valoriza (Sacyr), and Elsan (OHL). This group says that the value of all the roads the Spanish government is responsible for
    Read More
  • Morocco's road programme boosts economy
    February 9, 2012
    A major road programme instigated by King Mohammed VI of Morocco is helping to boost the country's economy and modernise infrastructure. This forms part of a plan to boost tourism, a key part of the country's income from 8 - 10 million. There were less than 300km of motorways existing when King Mohammed VI inherited the throne from his father in July 1999. Since then, the figure has increased to over 1,000km and this is set to almost double in the next five years. A hugely significant highway programme was
    Read More
  • US$3.15 billion for upgrading Nigeria roads
    August 12, 2024
    A budget of US$3.15 billion will be used for upgrading Nigerian roads.
    Read More
  • Central Asia’s need for improved transport infrastructure
    October 5, 2018
    Central Asia has a need for improved transport infrastructure to help develop economies - Gordon Feller reports
    Read More

Highlighted Content