Hungary’s national road development boom gathers pace

Hungary is experiencing a road development boom. In line with the country's New Szechenyi Plan (USZT), some €3.67 billion (HUF 1.1 trillion) is to be made available for road development works. National infrastructure development company NIF says it launched road projects worth a total of €1.5 billion (HUF 450 billion) in 2013. Contracts have been signed for the full amount. Hungary's M4 motorway is to be opened in 2016 between Abony and Fegyvernek. The 29km motorway section will also include a bridge over
January 7, 2014 Read time: 2 mins
Hungary is experiencing a road development boom.

In line with the country's New Szechenyi plan (USZT), some €3.67 billion (HUF 1.1 trillion) is to be made available for road development works. National infrastructure development company NIF says it launched road projects worth a total of €1.5 billion (HUF 450 billion) in 2013. Contracts have been signed for the full amount.

Hungary's M4 motorway is to be opened in 2016 between Abony and Fegyvernek. The 29km motorway section will also include a bridge over the river Tisza. NIF will also add two new lanes to the M85 and M86 roads. Additionally, the country's Number 8 road will also be turned into a dual carriageway on a 42km stretch between Szekesfehervar and Herend. Other projects include road surface strengthening and the construction of several bypass road sections. Most projects are due to be completed inside the next two years. Companies taking part in the projects are 184 Colas, 945 Strabag, 3454 Kozgep, Duna Aszfalt and Euro-Aszfalt among others.

Meanwhile, in line with a government decree, a new section of Hungary's M0 orbital is to be built between the number 10 and 11 highways. The section will have a total length of 8km, of which some 50% is expected to run through an underground tunnel. Investment costs are estimated at around €335.82 million (HUF 100 billion). Construction works will not start before 2017.
Road Structures

For more information on companies in this article

Related Content

  • New South Wales is seeking financial packers for WestConnex in Sydney
    June 19, 2015
    Investment bank Goldman Sachs will soon be sending out expressions of interest for backers to finance Australia’s biggest road deal, the three-stage WestConnex project to be rollout by the New South Wales government. According to a report by The Australian newspaper, initially around US$1.17 billion will be needed for the first phase of the Sydney toll road project. The first phase will likely cost between nearly $2.35 billion and $3.9 billion. Total cost of all three phases over 10 years could be as
    Read More
  • Upgrade of Lánchíd Bridge by May
    December 23, 2020
    Four tenders in for work on Budapest’s Chain Bridge - Széchenyi Lánchíd.
    Read More
  • Dubai infrastructure development
    March 24, 2017
    New infrastructure is being built in Dubai with the help of machines from Volvo CE The Dubai Water Canal is being built in a busy and congested urban area, with the project including construction of major new road bridge crossings. The work is being carried out by Turkish infrastructure specialist DETECH Contracting. The 3.2km waterway is being built through downtown Dubai and is among the most ambitious projects being carried out in the country. When fully opened in 2017 the project – called The Duba
    Read More
  • China looks to the future with major highway plans
    February 15, 2012
    China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
    Read More

Highlighted Content