Skip to main content

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

  • Infrastructure spending aids economic growth
    March 14, 2012
    AT THE TIME of year it is worth considering how strong the construction market will be towards the end of 2010 and on into 2011.
  • Infrastructure spending aids economic growth
    February 21, 2012
    AT THE TIME of year it is worth considering how strong the construction market will be towards the end of 2010 and on into 2011. The build-up to the Bauma construction equipment exhibition in Munich, the world's largest exhibition, has helped fuel new product introductions from manufacturers, attracted contractors to visit the event and brought healthy interest to the construction sector as a whole.
  • Zambia plans major road infrastructure programme
    September 15, 2014
    The Zambian Government is planning a major road infrastructure programme, in a bid to boost the country’s connectivity and help continue with its economic growth. The country has established the Link Zambia 8000 project, which is being carried out in a series of phases. The first phase will include the upgrade of some 2,290km of roads and could cost in the region of US$1.5 billion to implement. The World Bank is currently evaluating plans for the second phase of the project. Funding sources have yet to be r
  • UK government’s Highways Agency makeover to boost infrastructure
    July 17, 2013
    The government plans to turn the Highways Agency into a Network Rail-style public company as part of its efforts to boost national transport infrastructure. While the government has revealed plans for a long-term investment totalling €32.37 billion (£28 billion) in road-building, few projects are ‘shovel-ready’, with much of the investment backloaded until 2020. Funding levels will increase to more than €3.46 billion (£3 billion) a year by the end of the decade for major A-roads and motorways. The legislati