Skip to main content

Hungary motorway project awarded

Work is now starting on a new stretch of motorway in Hungary. The project was awarded to the Colas Hungaria-Colas Ut consortium and is worth some €54.74 million. The work involves building a new section of the M35 motorway connecting road number 481 with road number 4 and the contract was awarded by the Hungarian national infrastructure development firm, NIF. Local contractor STR Epito will build a new road connecting road number 47 with the M35, with work starting in July 2016 and due for completion in
June 7, 2016 Read time: 2 mins
Work is now starting on a new stretch of motorway in Hungary. The project was awarded to the Colas Hungaria-Colas Ut consortium and is worth some €54.74 million. The work involves building a new section of the M35 motorway connecting road number 481 with road number 4 and the contract was awarded by the Hungarian national infrastructure development firm, NIF.

Local contractor STR Epito will build a new road connecting road number 47 with the M35, with work starting in July 2016 and due for completion in early 2018. STR Epito’s contract is worth €15.9 million.

Local contractors Duna Aszfalt and Hodut meanwhile will build a 20.2km road connecting the road number 481 with the M35 motorway in a deal worth €149.6 million. This project is also starting in July 2016 and due for completion in early 2018.

However Hungary is facing a fine from the European Commission due to restrictions imposed for a number of road project tenders.

Related Content

  • New Midtown Tunnel open in Virginia
    January 30, 2017
    A project to construct the second Midtown Tunnel link in the US state of Virginia alongside the original connection has taken an important step forward – Mike Woof writes Commuters in the US state of Virginia will be pleased that the new Midtown Tunnel is now open to traffic, as it will help to boost capacity and cut congestion on the busy US 58 route connecting Norfolk and Portsmouth. The 1.13km tunnel link has been built to link with the interchange at Brambleton Avenue and Hampton Boulevard in Norfolk
  • Work moving ahead on Paraguay’s new roads
    November 21, 2018
    A series of major road contracts have been awarded in Paraguay, although delays are being seen on one key link. The country’s Ministry of Public Works and Communications (MOPC) gave its approval for a series of road contracts to be awarded. These four packages are worth over US$136 million and are for18 different sections.
  • Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
    March 19, 2015
    A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability