Skip to main content

EU funding for Hungary’s transport plans?

Hungary has plans in hand for a programme of works that will improve its transportation system. In all there are 19 transport projects being worked on. These will be implemented as part of the EU's Connecting Europe Facility (CEF). Funding from the EU worth up to €795 million looks likely to be made available to pay for the construction work required. Two of the key road projects icnluded will be for the widening of the existing M70 and M15 dual carriageways, with these routes also being upgraded to highway
June 22, 2016 Read time: 1 min
Hungary has plans in hand for a programme of works that will improve its transportation system. In all there are 19 transport projects being worked on. These will be implemented as part of the EU's Connecting Europe Facility (CEF). Funding from the EU worth up to €795 million looks likely to be made available to pay for the construction work required. Two of the key road projects icnluded will be for the widening of the existing M70 and M15 dual carriageways, with these routes also being upgraded to highway status.

Related Content

  • Romania seeking EU funding for road projects
    October 12, 2018
    Romania is keen to develop its road network and is seeking EU funding to help pay for a series of major projects. One of the key projects being prioritised is for the new ring road around the capital Bucharest. Building this ring road would reduce the numbers of vehicles having to pass through the city, helping to address congestion issues at peak periods. The Romanian Government is hoping to source a finance package worth over €1.3 billion from the EU for the ring road. Meanwhile tender process is under
  • Romanian road works moving ahead
    December 9, 2022
    Romanian road works are now moving ahead.
  • Astaldi begins drilling tunnels on Poland’s S7 dual carriageway
    March 14, 2017
    Italian contractor Astaldi has begun drilling two parallel tunnels as part of its S7 dual carriageway project in Poland. Each tunnel, between Naprawa and Skomielna Biala and under the Lubon Maly massif, will each be just over 2km long. Astaldi, based in Rome, won the three-year S7 dual carriageway project worth around €225 million in 2016 Work includes 38 bridges and viaducts and three motorway services. There will also be 25km of access roads and two junctions. The north-south S7, when complete
  • Funding for Belarus road project
    May 18, 2016
    Funding for a key project in Belarus could be supplied by the European Bank of Reconstruction and Development (EBRD). Financing is required for the reconstruction of the M10 highway in Belarus, which runs from Kobrin through Gomel to the Russian border. The EBRD will consider options once the results of the tender have been revealed. The private sector looks likely to take part in the project, which is conceived as a PPP scheme, the first for Belarus. The project will be handled under the concession mode