Austria to invest €2.3bn in road network in 2014 and 2015

Austria is to invest €1 billion in its road network in 2014, with a further €1.3 billion investment in 2015 funded by drivers and the transport industry. Of these sums, 60% will be spent on new construction projects, while 40% will be used for maintenance works.
May 13, 2014 Read time: 1 min
Austria is to invest €1 billion in its road network in 2014, with a further €1.3 billion investment in 2015 funded by drivers and the transport industry. Of these sums, 60% will be spent on new construction projects, while 40% will be used for maintenance works.
Road Structures

Related Content

  • Europe’s contractor’s association, the FIEC, is calling for infrastructure investment
    March 14, 2013
    The European Federation of construction contractors (FIEC) is pressing Europe’s members of parliament to vote for infrastructure investment. The European Parliament is to decide on the Multi-annual Financial Framework, which forms part of the EU’s Multi-Annual Financial Framework and the FIEC is insisting that infrastructure investment will provide much-needed jobs and help kick-start economic activity. FIEC president Thomas Schleicher said, “Clearly, the realisation of infrastructure projects, saving energ
    Read More
  • New road links will cut congestion in St Petersburg
    June 20, 2016
    Road building will solve the problem of traffic jams in St Petersburg – Eugene Gerden writes The authorities in Russian city St Petersburg plan to solve the problem of traffic jams in the city during the next few years. The strategy is expected to be achieved through road building and the improvement of transport connections between different districts in the city. Implementation of these plans will take place as part of the decree 355 "Of the Strategy of St Petersburg Economic and Social Development
    Read More
  • Mexican authorities set out plan for infrastructure
    March 18, 2014
    The Mexican authorities have set out further details on the country’s ongoing infrastructure development plans. Mexico's Transport and Communications Secretariat (SCT) will commence the call for proposals process for highway projects worth a total of US$2.11 billion. The projects include the Paso Express de Cuernavaca, Tuxpan-Tampico highway, Ciudad Obrego by-pass and Barretal by-pass. They also include widening the Tlalpan and Puebla routes. Around $4.366 billion will be invested in roads in Mexico during
    Read More
  • ACS and Ferrovial of Spain interested in U.S. road project
    October 25, 2013
    Spanish construction companies ACS and Ferrovial are both taking part in the tender of the US$1.3 billion Neon Project in the U.S. State of Nevada, through different consortia. Ferrovial is bidding for the project through its subsidiary Cintra Infraestructuras, while Ferrovial has formed a consortium with Fengate Capital Management and Star America Fund GP. The Neon Project involves the extension of a 5.95km road stretch in Las Vegas city, including a bridge and a high capacity lane. The contract is expe
    Read More

Highlighted Content