Hungary's huge highway investment strategy

The Hungarian Government is lining up an impressive plan for infrastructure investment in the coming years.
February 27, 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

  • Australia's huge transport investment
    February 29, 2012
    The Australian Government is allocating additional funding to renew its infrastructure and to improve transport in the major cities work in its 2011-12 budget.
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Hungary’s national road development boom gathers pace
    January 7, 2014
    Hungary is experiencing a road development boom. In line with the country's New Szechenyi Plan (USZT), some €3.67 billion (HUF 1.1 trillion) is to be made available for road development works. National infrastructure development company NIF says it launched road projects worth a total of €1.5 billion (HUF 450 billion) in 2013. Contracts have been signed for the full amount. Hungary's M4 motorway is to be opened in 2016 between Abony and Fegyvernek. The 29km motorway section will also include a bridge over
    Read More
  • Chinese investment in infrastructure
    April 24, 2014
    Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget. Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
    Read More

Highlighted Content