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

  • Highway work planned for Serbia
    August 10, 2012
    A series of major highway construction and road repair projects is planned for Serbia. The World Bank (WB), the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have all been in talks with the Serbian Government concerning funding for the work. Funding worth €408.46 million has been approved by the three banks for programme of highway construction and road repairs.
    Read More
  • Tanzania road development projects being planned
    March 24, 2017
    A series of major road projects are now being planned in Tanzania, with funding sources for much of the work having been identified and secured. The largest of these is being delivered with a World Bank loan worth US$425 million, which will help pay for transport improvements in Tanzania’s capital, Dar es Salaam.
    Read More
  • Kenya highway projects now underway
    April 7, 2017
    Work on two major highway projects are now commencing in Kenya. One project will improve the road connection between Kenya’s capital Nairobi, with its premier port of Mombasa. The other project will see the upgrade of the road link joining Kenya with neighbouring Uganda. Work on the Mombasa to Nairobi highway is starting on a 42km stretch between Mombasa and Marikani. This work is costing some US$213.4 million and the improved route will feature two lanes in either direction when the work is complete. Meanw
    Read More
  • Romanian road revamp to commence
    March 5, 2012
    Austrian contractor STRABAG is to upgrade Romania's national roads DN14 and DN15A in deals worth a total of some €106 million.
    Read More

Highlighted Content