Skip to main content

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.

Related Content

  • Moscow to invest $20 billion in massive road-building by 2015
    March 28, 2014
    A huge investment in road building will expand Moscow’s network – Eugene Gerden reports The government of Moscow plans to invest more than RUB 640 billion (US$20 billion) during the period of 2014-2015 .in a massive investment of road building in the city. This is expected to be part of Moscow city’s Master Plan, which is designed until 2025. Building of new roads is crucial for Moscow and should help the city to solve the problem of traffic jams. Despite all the efforts made by the city’s authorities in re
  • German road spend increase
    April 30, 2012
    Germany’s Government intends to boost transportation infrastructure spending, with the majority of funds going towards roads. An increase of €1 billion will be targeted at transport with some 60% of that budget being used for improvements to the country’s road network. In contracts some 30% will be for port, canal and general shipping infrastructure with a mere 10% for rail investment. The German Government has also granted approval for work to the next stretch of the A44 autobahn. The new 7km link will run
  • Cameroon’s road investments growing the road network
    December 15, 2023
    Cameroon’s road investments are expanding the country’s road network.
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t