More money for Czech roads in 2013 than previous year

Investment in new and existing roads, railways and waterways in the Czech Republic is set to rise in 2013, compared to the sum spent in 2012. The Czech National Transport Infrastructure Fund (SFDI) has a budget of €2.502 billion (CZK64.5 billion) in 2013, compared to almost €2.02 billion (CZK 52bn) invested in 2012. The amount invested last year represented a decline of €349.24 million (CZK 9bn) when compared with 2011. Originally, SFDI planned to invest €2.561 billion (CZK 66 billion) into infrastructure i
April 8, 2013 Read time: 1 min
Investment in new and existing roads, railways and waterways in the Czech Republic is set to rise in 2013, compared to the sum spent in 2012.

The Czech National Transport Infrastructure Fund (SFDI) has a budget of €2.502 billion (CZK64.5 billion) in 2013, compared to almost €2.02 billion (CZK 52bn) invested in 2012.

The amount invested last year represented a decline of €349.24 million (CZK 9bn) when compared with 2011. Originally, SFDI planned to invest €2.561 billion (CZK 66 billion) into infrastructure in 2012. However, due to reported delays in projects, investors could not draw all of the available funding.

SFDI's income in 2012 is said to have amounted to around CZK 63bn, which was mainly generated by the sales of toll and motorway vignettes and also includes 3287 EU funding and consumption taxes. Of the SFDI budget for 2013, CZK 59bn is coming from the state, while the rest is provided by the EIB and OP Transport.

For more information on companies in this article

EU

Related Content

  • Checking up on the Czech Republic's Via Salis
    May 20, 2022
    Construction of the Via Salis, the Czech Republic’s first public-private partnership for a road project, is on schedule, according to VINCI which is leading the construction and operating consortium.
    Read More
  • OECD countries invest average 1% GDP on road/rail infrastructure
    July 11, 2013
    OECD (Organisation for Economic Co-operation and Development) countries investment in road, rail and inland waterway infrastructure as a percentage of GDP averages around 1%, according to new research by the International Transport Forum (ITF). The figure is contained in the ITF at the OECD’s 2013 annual statistics update ‘Spending on Transport Infrastructure 1995-2011: Trends, Policies, Data’, which is accompanied by a related database, released today.
    Read More
  • Corridor 10 project in Serbia may be delayed
    April 2, 2013
    A series of challenges are now facing the project to construct Serbia’s key Corridor 10 highway. The EU has asked the Serbian Government for details of the priority plan and deadlines for the completion of the Corridor 10 highway. At present three sections of Corridor 10 are at risk, due to delays and financing issues. These are the Ciflik-Pirot stretch, the Bancarevo tunnel and the Vladicin Han section. According to Serbian roads company Koridori Srbije, the construction schedule will be set by the end of
    Read More
  • Road sector drives European construction’s recovery
    June 27, 2017
    The European road building market is forecast to grow strongly in real terms from now to the end of 2019, as a strengthening economy boosts construction, creating investment and jobs.
    Read More

Highlighted Content