Radical routes to highway projects

The authorities in Poland and Serbia are using innovative approaches to funding highway investments. The Polish Government is considering reallocating savings made on railway tenders to road projects. The Polish Infrastructure Department hopes to transfer some €311 million from its railway programme to road projects instead. This will help deal with the shortfall for highway improvements.
March 5, 2012 Read time: 1 min
The authorities in Poland and Serbia are using innovative approaches to funding highway investments. The Polish Government is considering reallocating savings made on railway tenders to road projects. The Polish Infrastructure Department hopes to transfer some €311 million from its railway programme to road projects instead. This will help deal with the shortfall for highway improvements. Meanwhile in Serbia, the Ministry of Infrastructure plans to use €900 million being generated by the sale of the national telecoms operator 3643 Telekom Srbije (TS) for road works. The sum would be used to fund the construction of key highway projects including works from Belgrade to Krusevac via Cacak and Kraljevo, and from Novi Sad to Loznica via Ruma and Sabac.

For more information on companies in this article

Related Content

  • ARTBA encouraging new highway funding sources
    February 9, 2012
    The American Road & Transportation Builders Association (ARTBA) says that to tackle the funding gap for US highways, a different approach is required.
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • MIRA builds on reputation for transport excellence
    October 3, 2012
    MIRA in central England has begun a huge redevelopment of its 830 acre site that will see the renowned centre for transport technologies expand its capabilities while, at the same time, create the largest transport research and development technology park in Europe. Guy Woodford reports This is all very impressive,” said Deputy Prime Minister Nick Clegg in April 2011 on hearing a presentation of MIRA’s ambitious expansion plans. As succinct appraisals go, Clegg’s view of MIRA’s plans to develop its brand of
    Read More
  • We're here to help
    July 16, 2012
    Formed at the end of the Cold War, the European Bank for Reconstruction and Development has raised, and loaned, billions to revitalise infrastructure from central Europe to central Asia as Patrick Smith reports One of the highlights of the year for Thomas Maier has been the recent trip to Bratislava, the capital of Slovakia, where history was made. As the Business Group director in charge of the infrastructure sector at the European Bank for Reconstruction and Development (EBRD) he was present when contract
    Read More

Highlighted Content