Skip to main content

MK spends US$171.38 million on Hungarian road upgrades in 2012

The Hungarian national road management firm Magyar Kozut (MK) began road upgrade projects worth US$ 171.38 million (HUF 38bn) in 2012. The upgraded highways covered a total length of 360km. Development projects were carried out in line with the country's Regional Development Operational Programme (ROP) as part of Hungary's New Szechenyi Plan (USZT). Meanwhile, it has also been revealed that around $496.78 million (HUF 110bn) has been allocated for road renovation works in total by the end of 2013.
January 4, 2013 Read time: 1 min
The Hungarian national road management firm 7071 Magyar Kozut (MK) began road upgrade projects worth US$ 171.38 million (HUF 38bn) in 2012. The upgraded highways covered a total length of 360km. Development projects were carried out in line with the country's Regional Development Operational Programme (ROP) as part of Hungary's New Szechenyi Plan (USZT).

Meanwhile, it has also been revealed that around $496.78 million (HUF 110bn) has been allocated for road renovation works in total by the end of 2013.

For more information on companies in this article

Related Content

  • New Zimbabwe highway upgrade being planned
    August 24, 2016
    Plans are in hand for road widening work and surfacing upgrades for a key route crossing Zimbabwe. The highway upgrade is being carried out by a joint venture partnership between Chinese firm China Harbour Engineering Company (CHEC) and Austrian Company Geiger International. This follows agreements being reached between the joint venture partners and the Zimbabwe Government. The work is needed as the existing road links along the route are unable to cope with that current traffic volumes that include a high
  • Turkey’s new Marmara Highway project
    June 8, 2017
    By the end of 2018, a shiny new strip of asphalt will skirt around Turkey’s largest city, Istanbul, providing a new transport connection.
  • China looks to the future with major highway plans
    February 15, 2012
    China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
  • Angola’s US$421 million road development programme
    May 23, 2024
    Angola has a US$421 million road development programme.