Skip to main content

New Estonian government to cut road build and repair funds

The Estonian government is said to have channelled only half of fuel excise revenues into highway construction and maintenance works – despite expectations that 75% of all such revenues would go to these key areas. Sven Pertens, CEO of Lemminkäinen Eesti, claims that if the 75% investment expectation is not achieved, road conditions nationally will deteriorate. Pertens says that motorways of national importance are currently in a satisfactory condition, whereas regional and local roads are in poor condit
March 24, 2014 Read time: 1 min
The 5265 Estonian Government is said to have channelled only half of fuel excise revenues into highway construction and maintenance works – despite expectations that 75% of all such revenues would go to these key areas.

Sven Pertens, CEO of 3064 Lemminkäinen Eesti, claims that if the 75% investment expectation is not achieved, road conditions nationally will deteriorate. Pertens says that motorways of national importance are currently in a satisfactory condition, whereas regional and local roads are in poor condition. He says it is short-sighted to spend funds for road infrastructure maintenance on current expenditures.

For more information on companies in this article

Related Content

  • Huge potential of Kenya’s bitumen market
    May 17, 2017
    Kenya’s bitumen demand to grow - Shem Oirere writes. Kenya’s demand for bitumen products is set to increase with recent budget allocations for construction of new roads, ports and airports and for maintenance of existing transport infrastructure. The country’s economic growth rose from 5.3% in 2014 to 5.5% in 2015 and is projected to hit 6% and 6.4% in 2016 and 2017 respectively according to the African Development Bank, triggering demand for better and modern infrastructure particularly in the transport se
  • New road links will cut congestion in St Petersburg
    June 20, 2016
    Road building will solve the problem of traffic jams in St Petersburg – Eugene Gerden writes The authorities in Russian city St Petersburg plan to solve the problem of traffic jams in the city during the next few years. The strategy is expected to be achieved through road building and the improvement of transport connections between different districts in the city. Implementation of these plans will take place as part of the decree 355 "Of the Strategy of St Petersburg Economic and Social Development
  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
  • Run on Russian Rouble won’t reduce infrastructure investment
    January 20, 2015
    The Moscow Construction Department has announced that the country’s financial issues will not halt current construction projects in the capital. Some US$1.23 billion will be spent on the development of roads in Moscow during 2015. The funds will be spent on building 83km of roads, 23 engineering structures, and 20 cross walks.