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

  • Budapest’s Széchenyi Chain Bridge reopens
    December 22, 2022
    Although open, for the time being only buses, taxis, bicycles and motorcycles can use the famous 19th century bridge that links Buda and Pest which make up the Hungarian capital.
    Read More
  • Hungarian highway dispute for STRABAG
    April 14, 2015
    Austrian contractor STRABAG is facing a major challenge with regard to a highway project in Hungary. The Hungarian Government has decided to halt construction work on the M4 highway. STRABAG was working on the €106 million project to build the new highway. In addition, the Hungarian Government has further complicated the challenges faced by STRABAG and sub-contractors working on the project by calling for any subsidies given out so far to be repaid.
    Read More
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • Fehmarn Fixed Link project finally gets European Commission approval
    March 31, 2020
    EC settles the public financing issue for the Fehmarn project that includes an immersed tunnel.
    Read More

Highlighted Content