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

  • Ethiopia planning road network growth
    June 11, 2018
    Ethiopia is setting a target of 2020 to complete its road expansion programme. The plan has been to double the length of the country’s road network in the period from 2015 to 2020. At present Ethiopia has around 121,200km of roads, compared with around 100,000km of roads in 2015. But by 2020, the Ethiopian Roads Authority (ERA) aims to expand the network to 200,000km.
    Read More
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More
  • Switzerland to invest €821.07mn more on congestion reduction
    June 17, 2014
    A further €821.07 million (CHF 1 billion) is to be spent on reducing traffic problems on Swiss roads, including the A4. The FORTA fund should be used to finance the expansion of the motorways between Meyrin and Vernier-Le Vengeron, Luterbach and Harkingen and Andelfingen and Winterthour. A further €32.83 million should be spent on work around Crissier, which already benefited from €98.51 million of the €1.14 billion allotted in the first phase of traffic jam reduction. The second €816.85 million phase is to
    Read More
  • EBRD loan for Bosnia
    March 15, 2012
    Japanese manufacturer Mitsubishi Motors has aided in a pilot study using an electric vehicle to power traffic lights.
    Read More

Highlighted Content