Skip to main content

Over US$380mn for Hungary road repairs in 2013

Around US$388.39 million (HUF 87bn) will be spent on road repairs in Hungary during 2013, according to State Secretary of the Hungarian Ministry of National Development (NFM) Sara Hegmanne Nemes. As a result, country roads with a total length of some 600kms will be repaired. The project will be financed from EU funds in line with the country's New Szechenyi Plan (USZT). In Jasz-Nagykun-Szolnok county, some 28.4kms of road will be renovated from $14.11 million (HUF 3.18bn). This includes the upgrade of a 5.4
June 11, 2013 Read time: 1 min
Around US$388.39 million (HUF 87bn) will be spent on road repairs in Hungary during 2013, according to State Secretary of the 6465 Hungarian Ministry of National Development (NFM) Sara Hegmanne Nemes.

As a result, country roads with a total length of some 600kms will be repaired. The project will be financed from 3287 EU funds in line with the country's New Szechenyi Plan (USZT).

In Jasz-Nagykun-Szolnok county, some 28.4kms of road will be renovated from $14.11 million (HUF 3.18bn). This includes the upgrade of a 5.4km stretch between Abadszalok and Kunhegyes, a 5.7km section between Jaszszentandras and Jaszapati, an 8.4km stretch of the Ujszilvas-Tapiogyorgye-Janoshida road and an 8.9km section between Jaszbereny and Szentlorinckata.

For more information on companies in this article

Related Content

  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
  • Nicaragua is planning major road investments
    March 30, 2015
    The Nicaraguan Government is setting out major plans for road infrastructure development. The country's master plan for road infrastructure envisages work to a total of 4,200km of main roads across the country. This programme is expected to cost in the order of US$5.20 billion, according to pre-feasibility studies carried out by Korea Expressway Corporation (KEC). Funding is being sought at present by the Nicaraguan Government, which is in discussion with a number of bodies.
  • Danube bridge takes shape
    February 10, 2012
    A new bridge over the River Danube between Bulgaria and Romania is expected to benefit to the economies of both nations. Krasimir Krastanov reports
  • Tunisian road projects being planned
    February 15, 2016
    Tunisia’s road network looks set to expand now that new funding has been secured. The Tunisian Assembly of the Representatives of the People has agreed two loans from the African Development Bank (ADB) worth a total of nearly US$208 million. These loans are to be repaid over 20 years and will help fund road infrastructure developments for the 2016-2020 period. The work will focus on upgrading classified roads. This includes renovating 719km of roads, building 23 bridges and constructing a 7.3km-long bypass