Skip to main content

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

  • EC may seek ‘infringement procedure’ if no Budapest congestion charge by 2015
    December 14, 2012
    The European Commission (EC) has urged authorities in the Hungarian capital Budapest to introduce the congestion charge in the city by 2015 at the latest or face EU legal sanctions, according to some press reports. Should the local authorities fail to take the step, the EC may launch an infringement procedure against Budapest. Thus, the city’s leaders would be obliged to repay EU funds worth €641.6 million (HUF 181bn) provided for building Budapest's Metro 4 underground line. Earlier this year, the Hungaria
  • Mexico sets major agenda for infrastructure investment
    September 8, 2014
    A major programme of infrastructure investment in Mexico is seeing the country developing 46 highway projects that are due for completion in 2018. The country’s transport and communications ministry (SCT) says that 28 of the highway projects are under construction at present, while eight were completed recently and work on a further seven will commence before the end of 2014. This programme of works forms part of the National Infrastructure Plan (PNI). In all, the programme for the 46 highways is worth arou
  • National Highway Authority of India (NHAI) rolls out new PPP regime
    January 11, 2016
    Financially delinquent contractors working on Indian projects will, from now on, find they are labelled a “non-performer” and barred from further work until they remedy their cash flow. The move by the National Highway Authority of India (NHAI) is an attempt to speed up site work and complete public-private partnership road projects on time. Under the new policies, firms that delay construction or fail to inject their share of capital into their projects will be barred from participating in fresh bids un
  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.