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

  • US$295 million funding for Uganda
    May 15, 2024
    A US$295 million funding package is being supplied to Uganda.
  • Mexico sets major agenda for infrastructure investment
    September 8, 2014
    A major programme of infrastructure investment in Mexico is seeing the country developing 46 highway projects that are due for completion in 2018. The country’s transport and communications ministry (SCT) says that 28 of the highway projects are under construction at present, while eight were completed recently and work on a further seven will commence before the end of 2014. This programme of works forms part of the National Infrastructure Plan (PNI). In all, the programme for the 46 highways is worth arou
  • Italy has announced key project plans
    March 11, 2013
    Italy’s public road concession firm, ANAS, has signed an agreement with the region of Sardinia and the government for upgrade works on the Sassari-Olbia road worth a total €930.7 million.
  • Road and bridge upgrades improving transport in Nepal
    November 1, 2019
    New road and bridge upgrades are being introduced in Nepal that will help improve transport and develop the country’s economy.