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

  • Chilean highway project faces questions
    February 14, 2012
    The plans for Chile's new Vespucio Oriente highway are under a question mark at present. The Chilean Construction Chamber (CChC) and the association of concession-holders (COPSA) have raised concerns over the plans by the country's government to press ahead with the construction of the 13km Vespucio Oriente highway in capital Santiago.
    Read More
  • Slovakia to use €4bn EU funding on roads
    March 14, 2014
    Slovakia plans to use €4 billion of its €15.3 billion EU funding package for 2014-2020 on road projects. The projects include the construction of several new stretches of the D1 and D3 motorways, as well as repairs and modernisations of Class II and Class III roads. The government in cooperation with the regions are currently drafting a strategic plan for the development and maintenance of roads at a regional level.
    Read More
  • Investment in Brazilian roads, railways and highways channels falls short, says Ipea
    November 2, 2012
    Funds earmarked by the Brazilian Government to improve roads, railways and hydro channels for shipping cargo transport have not been fully spent, according to the Institute of economic research (Ipea). Federal road spending was estimated to be US $ 6.72 billion (BRL 13.62bn) in 2012, but Ipea says that so far only 48.3% $ 3.23 billion (BRL 6.58bn) of that amount has been used.
    Read More
  • Austria bridge crossing for Danube
    December 13, 2016
    A new bridge is being built in Austria to span the Danube River. The project is expected to cost €60 million. The new link will be constructed in the city of Linz. Construction of the new Donaubrücke (Danube Bridge) will commence in late 2017. The link is expected to open to traffic in the third quarter of 2020. The state of Upper Austria will provided 40% of the financing required.
    Read More

Highlighted Content