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

  • Rwanda highway Rwanda's major highway construction aids regional integration
    April 16, 2012
    Shem Oirere reports on plans for a major highway to Rwanda to other parts of Africa Construction of a 78km highway stretch that links Rwanda to the rest of Eastern Africa will start in May. State Minister in Charge of Transport Dr Alex. Nzahabwanimana said the contract for the US$54 million project has already been awarded to German construction company Strabag International.
    Read More
  • DEUTZ wins record level of orders under current business structure
    August 8, 2013
    DEUTZ has won a record level of new orders under its current business structure in the first half of 2013. The globally renowned German diesel engine manufacturing firm saw new orders rise by over 20% year on year to €843.5 million, compared to €701.0 million in H1 2012. Despite the number of engines sold by DEUTZ in H1 2013 falling by 8.5% to 85,907, compared to the corresponding period of 2012 (93,853 units), the company’s first-half revenue declined by only 2.8% year on year to €662.1 million, compared t
    Read More
  • Wacker Neuson’s improving results for 2025
    March 28, 2025
    Wacker Neuson expects to see improving results for 2025.
    Read More
  • ARTBA predicts growth in transport construction
    December 2, 2016
    Modest growth in transport construction is predicted in the US in 2017 by the American Road & Transportation Builders Association (ARTBA). According to a report by ARTBA chief economist, Dr Alison Premo Black, total transportation construction and related market activity is expected to grow 1.3% in 2017, driven largely by increases in highway and bridge private construction activity supporting residential and commercial developments. In 2017, the market is expected to reach US$247.8 billion, up from $244
    Read More

Highlighted Content