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.
Road Structures Finance & Funding

Related Content

  • Hungary highway being built
    January 19, 2017
    Hungary’s M44 dual carriageway project looks set to be further extended by around 61.4km. Plans are being set for the construction of an additional three sections of the route, with the work looking to cost in excess of €471 million. The three sections will be constructed between the towns of Tiszakurt and Kondoros and as the latter lies close the border with Romania, this work will improve Hungary’s road links to its neighbour. The Hungarian contractors Duna Aszfalt and Hodut will build two stretches of th
    Read More
  • US$201.5 million loan for Ivory Coast road
    October 7, 2024
    A US$201.5 million loan will help pay for an Ivory Coast road project
    Read More
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More
  • Financing secured for Kenya road upgrade
    October 9, 2019
    Financing has been secured to pay for upgrading work for the road connecting Kenol, Sagana and Marwa in Kenya. The 84km route includes a stretch of the A2 road and will be widened to dual carriageway status, with two lanes in either direction and a central divider, rather than one lane in in either direction at present. Funding is being provided by the African Development Bank (AfDB) in the shape of loans worth US$237 million. The AfdB’s loan package will pay for around 69% of the work, with the People’s Ba
    Read More

Highlighted Content