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

  • Transport plans for Indonesia
    November 28, 2012
    Indonesia’s Government is setting a US$20 billion budget for transport and energy sector development. The Indonesian Government plans to build 559km of new roads as part of a new transport infrastructure programme. Indonesia’s capital Jakarta faces a growing problem due to severe traffic congestion, which is particularly intense at peak periods. Increasing vehicle numbers in the city mean that the existing traffic problem is fast getting worse. The authorities are looking at policies to address the issue.
    Read More
  • Webuild sees double-digit growth in H1
    July 28, 2025
    Construction group's growth 'greater than expected' with revenues up 22%
    Read More
  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to
    Read More
  • Paying for the roads we drive
    February 6, 2018
    All around the world, vehicle numbers are growing fast and existing roads are seeing increasing congestion. This rapid increase in vehicle ownership is particularly acute in the developing world. Reductions in actual vehicle purchase costs have resulted in an explosion in vehicle numbers using the roads. In the past, governments were able to fund road expansion programmes from their own sources. The most ambitious of these came when the US Government commenced construction of the Interstate system in 1956,
    Read More

Highlighted Content