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

  • Spanish motorway operators put forward US$1.82bn investment plan
    February 6, 2013
    Around US$1.82 billion (€1.34bn) may be spent improving Spain’s motorway network, according to an investment plan submitted to the Ministry of Development by Aseta, the national motorway operators’ association. Execution of the plan submitted on behalf of Itinere, Abertis and Ferrovial would be in exchange for an extension on the management contracts on their managed motorways, or a raise in toll charges. Works would start immediately and would create some 25,000 jobs. Itinere is preparing to invest €744 mi
    Read More
  • Russia new programme for developing high-speed roads
    January 14, 2019
    Russia has approved a new state programme for the development of its high-speed road network – Eugene Gerden reports The Russian government has officially approved a new state programme, which is aimed at developing the federal high-speed road network in the country. This programme will run until 2030, according to recent statements by the official state press-service. According to some leading Russian experts in the roadbuilding sector, the need to implement these plans is acute. At present the tota
    Read More
  • Traffic congestion down in Holland, up in Switzerland
    June 13, 2013
    Better use of peak-time lanes is said to be among the reasons why motorway congestion in the Netherlands fell by 5.6% in the first four months of 2013. Dutch Infrastructure Minister Melanie Schultz van Haegen said that the reduction in congestion is also partly due to a 0.5% decrease in distance travelled, as well as the targeting of known congestion zones. However, another European country, Switzerland, has seen another increase in the amount of time spent in traffic jams in Switzerland in 2012. In 2012 19
    Read More
  • Road tolling is vital for good roads
    January 2, 2024
    Upcoming transportation projects are outlined in planning documents throughout America by Mary Scott Nabers
    Read More

Highlighted Content