Skip to main content

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

  • Norway leads electric vehicle drive
    February 29, 2012
    Norway's capital Oslo has the highest percentage of new electric vehicles (EVs) on the road than any other city in the world.
  • A bridge of hope?
    July 18, 2012
    As Russia prepares for a major Asia Pacific conference in nearly four years' time, the economic climate is felt in other countries in the region. Patrick Smith reports AUS$1 billion-plus suspension bridge is to be built to link the city of Vladivostok in the far east of Russia and Russky Island. Russia's President Dmitry Medvedev has signed an instruction for construction of the 3,150m long bridge, which is intended to provide access to the 24th Asia Pacific Economic Cooperation (APEC) summit, to be held o
  • Bosnia strategy
    March 1, 2012
    Bosnia & Herzegovina plans to invest some €2.9 billion in constructing highways by 2017.
  • US DOTs in critical funding battle
    February 9, 2012
    In the US, state DOTs are preparing for the upcoming reauthorisation battle in a tough economic and political climate. Set to expire by the end of the year, the bill is a critical funding source for many transportation projects in the US. However transportation officials in the US are facing a tough battle as the political and economic climate has changed considerably since the last reauthorisation was passed, shortly after President Obama's inauguration in January 2009. Since then, the recession has contin