Hungary plans infrastructure investment

The Hungarian Government is lining up an impressive plan for infrastructure investment in the coming years. A total of €11.14 billion will be used for developing the country’s road infrastructure from the present until 2027. The plans include building 500km of highway and 1,000km of dual carriageway in all. At present the funding sources have not been revealed. It seems likely that European banks will provide some of the funds but private sources are also likely to be used. The build operate transfer and pu
May 10, 2012 Read time: 1 min
The Hungarian Government is lining up an impressive plan for infrastructure investment in the coming years. A total of €11.14 billion will be used for developing the country’s road infrastructure from the present until 2027. The plans include building 500km of highway and 1,000km of dual carriageway in all. At present the funding sources have not been revealed. It seems likely that European banks will provide some of the funds but private sources are also likely to be used. The build operate transfer and public private partnership models also seem likely to be employed as Hungary’s state funds are not likely to prove sufficient for the plan.

Related Content

  • Putin orders doubling road-building in Russia by 2022
    November 21, 2014
    Russia looks set to accelerate its road building programme – Eugene Gerden writes The volume of road building in Russia should be doubled by 2022, according to a recent order of Russia’s president Vladimir Putin. He said, “We need a real breakthrough in road building during the next several years. These volumes should be doubled during the coming decade.”
    Read More
  • Hungarian highway project faces finance change
    April 23, 2021
    The financing of a Hungarian highway project is changing.
    Read More
  • Indonesia infrastructure development programme planned
    August 22, 2017
    Indonesia’s government has set an impressive 2018 budget of some US$30.72 billion to develop infrastructure in the country. The funding will be split between the Ministry of Public Housing and Works, the Ministry of Transportation and for the special allocation fund. The Indonesian Government is aiming to boost economic growth during 2018 through its infrastructure development programme.
    Read More
  • Colombia’s infrastructure development
    December 5, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More

Highlighted Content