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

  • New highway links planned for Vietnam
    November 9, 2017
    Several major highway projects are being planned for Vietnam. The largest is for the construction of the North-South Expressway, which will improve transport connections for the country. Financing is being secured for the North-South Expressway, with some US$5.23 billion being secured. The Vietnamese Government will pay up to 39% of the cost of the work, with loans and private sector funding paying for the remaining 61%. Meanwhile a South Korean contractor will carry out a series of road projects in Can
  • Hungarian highway bidding
    February 29, 2012
    In Hungary the tender process for the new M3 highway section linking Vasarosnameny and the number 49 highway is to be restarted following an unsuccessful bidding process earlier.
  • The Australian Government has set a massive budget for infrastructure investment, including major spending on roads
    May 17, 2013
    The Australian Government is announcing plans to invest A$24 billion (US$23.73 billion) in transport infrastructure across the country. This will form the second part of the country’s five-year Nation Building Plan (NBP). The investment will be used to improve roads, railways and ports between 2014/2015 and 2018/2019. One stage of the NBP will involve spending A$525 million to upgrade and widen the M80 Ring Road in New South Wales (NSW) in a project that will include installing the latest traffic management
  • Vietnam’s latest highway and tunnel projects
    October 21, 2014
    In Vietnam work is now being carried out on a new highway to connect southern province to Central Highlands, while progress is being achieved on the Ca Pass Tunnel project. A 200km highway has been proposed that will link Dong Nai province with Lam Dong province. The project would extend from Thong Nhat Commune in Dong Nai to Lam Dong's Lien Khuong-Prenn highway and is subject to approval from Vietnam’s Ministry of Transport. The project will commence in 2015 if the required approval is given, and will then