Hungarian highway getting underway

Work to construct a new stretch of Hungary’s M43 highway, linking Mako and Csanadpalota/Nagylak on the Romanian border, is costing some €212 million. The cost of the work is being split 39% and 61% by Hungarian state funds and EU funding respectively. Construction work on the 23km long section will be completed by the end of 2014. The project has to be approved by the European Commission (EC), as it will form part of the trans-European transport network (TEN-T). Plans are to be submitted to the EU by the Hu
April 25, 2012 Read time: 1 min
Work to construct a new stretch of Hungary’s M43 highway, linking Mako and Csanadpalota/Nagylak on the Romanian border, is costing some €212 million. The cost of the work is being split 39% and 61% by Hungarian state funds and EU funding respectively. Construction work on the 23km long section will be completed by the end of 2014. The project has to be approved by the 2465 European Commission (EC), as it will form part of the trans-European transport network (TEN-T). Plans are to be submitted to the EU by the 5263 Hungarian National Development Agency (NFU).

For more information on companies in this article

Related Content

  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
    Read More
  • Romanian road tenders underway
    October 5, 2022
    Romanian road tender processes are now being carried out.
    Read More
  • New Czech highway connection planned
    February 4, 2016
    An important new highway connection is being planned in the Czech Republic. The road will provide a link between the D8 Teplice highway and the Chomutov expressway. The Czech Transport Ministry has given its approval for an allocation of €166.55 million to the country’s Central Bohemian region for the construction work on the link road. However the project will still have to be approved by the Czech Government. Should the work go ahead, the project will be split into three phases, with construction of the f
    Read More
  • Brazilian project attracts strong interest
    April 30, 2012
    Interest is strong in Brazil’s BR-101 highway project. The tender for the project will open on 18th January 2012. According to Brazil's Land Transport Agency (ANTT), at least six groups, most Brazilian, have shown interest in the project. The stretch to be put out to tender totals 476km, of which 458km is in Espirito Santo. The ANTT states that US$1.24 billion will be invested in the BR-101, with plans to widen the highway in stages. The concession period for the road totals 25 years and the highway will fe
    Read More

Highlighted Content