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.

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