Skip to main content

Cutting Austria's road construction budget

ustria’s Government is cutting its road construction budget for 2010 in a bid to trim costs. This will have a major effect on the highway projects contractor Asfinag is involved in at present. The contractor may have to delay construction of the A5 and A3 projects or make them narrower.
May 15, 2012 Read time: 1 min
Austria’s Government is cutting its road construction budget for 2010 in a bid to trim costs.

This will have a major effect on the highway projects contractor 4178 Asfinag is involved in at present. The contractor may have to delay construction of the A5 and A3 projects or make them narrower.

Another cost cutting option would be to build a bridge over the Danube River as part of the bypass around the capital Vienna instead of the tunnel proposed initially. This would reduce costs by some €500 million. However, this move would be controversial due to the added environmental impact.

For more information on companies in this article

Related Content

  • Denmark set to appoint preferred bidder for Fehmarnbelt link
    March 14, 2016
    The Danish political parties behind the Fehmarnbelt link have mandated Femern A/S to appoint preferred bidders for the main tunnel work in order to enter into conditional contracts no later than mid-May. Femern A/S is the Danish government-owned company managing the Fehmarn Belt immersed tunnel project between Denmark and Germany. The project was approved by the Danish parliament in April last year. It is supposed to be built, owned - apart from the German land works - and operated by Femern A/S, a su
  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
  • Egypt’s road programme is now restarting
    February 20, 2014
    Egypt is developing its road network – local reporting and images by Egypt correspondent Mohammed Elsayed Tantawy. Egypt is now gearing up its road construction activity, with a view to reducing congestion and improving traffic flow. The country’s main highway connecting capital Cairo with the port city of Alexandria has already seen a major widening programme, but other important routes are also now being upgraded and improved. The road development programme started in earnest some years ago but was delaye
  • Germany builds its first major PPI autobahn project
    July 7, 2015
    Rebuilding of one of the oldest motorways in Germany is testing out the possibilities for public-private project road construction reports Adrian Greeman A freshly renovated section of the A8 Autobahn in southern Germany will be watched with some interest this summer as traffic begins driving along its rebuilt carriageway and additional third lanes. That is not because of any special road features, other than a distinctive reddish colour to its concrete surface, but because it is a first fullscale public