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

  • Czech republic to fund infrastructure projects
    May 10, 2012
    The authorities in the Czech Republic are counting the cost of bungled planning for a series of infrastructure projects. The works will now have to source funds from the Czech Government following a ruling by the European Court of Auditors that the tender processes for the projects were flawed. The original plan was that the EU Operational Programme Transport would have paid for the works but instead, the Czech Government will finance the projects itself. However, only one project will have to be almost 100
    Read More
  • Delays for Czech highways
    May 30, 2012
    THE NEW highway network currently being built in the Czech Republic will be completed in 2025, five years later than the original planned completion date of 2020. The country’s Transport Ministry has said that €19.55 billion will be needed to extend the total length of the network from the current 1,113km to 2,153km. However,it has pointed out that a new system of funding will be required or there will be a shortfall to pay for the plans by 2020.Various options are being considered at present with bond issu
    Read More
  • The Australian Government has set a massive budget for infrastructure investment, including major spending on roads
    May 17, 2013
    The Australian Government is announcing plans to invest A$24 billion (US$23.73 billion) in transport infrastructure across the country. This will form the second part of the country’s five-year Nation Building Plan (NBP). The investment will be used to improve roads, railways and ports between 2014/2015 and 2018/2019. One stage of the NBP will involve spending A$525 million to upgrade and widen the M80 Ring Road in New South Wales (NSW) in a project that will include installing the latest traffic management
    Read More
  • CEA-backed report’s blueprint for UK construction equipment sector growth
    June 11, 2014
    Investment in advanced machine electronics capability; further investment in training and apprenticeship programs; and support for the UK as a continued centre for R&D are all key to securing growth within the British construction equipment industry, according to a comprehensive new Construction Equipment Association (CEA) commissioned report. Further recommendations for the industry in The UK Construction Equipment Sector Report are the need to ensure the cross fertilisation of advanced design, manufactu
    Read More

Highlighted Content