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

  • Sweden’s US$81.02 billion for 2014-15 transport system development
    June 18, 2013
    The Swedish Transport Administration (Trafikverket) has unveiled a US$81.02 billion (SEK 522bn) plan for national transport systems in 2014-15. Around $43.66 billion (SEK 281 billion) of the budget been earmarked for transport system development, $24.05 billion (SEK 155bn) will be spent on road maintenance, and $13.34 billion (SEK 86bn) have been earmarked for railway maintenance. The Transport Administration’s plan also includes investment in speed cameras along 60,000kms of road as well as around 100 cros
  • Spain needs €6.5bn road infrastructure investment, says SHA
    April 14, 2014
    Spain needs around €6.5 billion spent on its road infrastructure to bring it back up to ‘reasonable’ quality standard, according to a report drawn up by the Spanish Highways Association (SHA). The huge works’ bill is said by the SHA to be due to the deterioration of the roads since 1985. According to McKinsey, this investment could be reduced if tendering authorities made more effort when it came to project analysis. By improving the use of engineering services by 3% to 5% per investment, cost savings of
  • Report reveals Russia requires heavy road investment
    May 18, 2012
    A report by Goldman Sachs reveals Russia’s requirement for further infrastructure investment. The report, Russian Infrastructure and Construction, shows that investments in transport corresponded to 1.5-1.7% of GDP in 2005-2010. For Russia’s total infrastructure needs, including power networks and communications, spending equated to 3.7-4.3% of GDP. But the report shows Russia should allocate at least 3.5-4.5% of its GDP to infrastructure while maintenance of existing infrastructure should make up about 50%
  • Vietnam’s Ho Chi Minh City needs over US$600mn for roads in 2014, claims city’s DOT
    February 11, 2014
    More than US$617 million (VND 13 trillion) will be required by Vietnam's Ho Chi Minh City for road construction and repairs in 2014, according to a national newspaper quoting the city's Department of Transport. Ho Chi Minh City needs the money to fulfil plans to construct 10 new bridges and 45km of road covering 397,000m². Of the total funding demand, $108.27 million (VND 2.3 trillion) will be official development assistance (ODA) loans, while $329.54 million (VND 7 trillion) will come from Ho Chi Minh Cit