German road projects finding funding

Financing has been found to fund road construction work in Germany. In all some €2.1 billion has been sourced by the German Government to help pay for 24 road upgrade and construction projects in the country. Of this funding stream some €314 million is being utilised by the southern German state of Bavaria. The road authorities in Bavaria plan to use the financial resources to pay for upgrades to two stretches of Autobahn and five sections of Bundestrasse.
September 29, 2016 Read time: 1 min
Financing has been found to fund road construction work in Germany. In all some €2.1 billion has been sourced by the German Government to help pay for 24 road upgrade and construction projects in the country. Of this funding stream some €314 million is being utilised by the southern German state of Bavaria. The road authorities in Bavaria plan to use the financial resources to pay for upgrades to two stretches of Autobahn and five sections of Bundestrasse.
Road Structures Finance & Funding

Related Content

  • Laos- Thailand bridge project requires funding
    February 26, 2018
    Laos is seeking funding assistance from sources in Thailand to help pay for a 1.35km bridge project spanning the Mekong River to connect the two countries.
    Read More
  • Key Cambodian construction contract for road repairs
    August 15, 2014
    The Cambodian Government is benefiting from several financial packages aimed at improving the country’s road network. The Asian Development Bank (ADB) is providing a financial support package worth a total of US$118 million that will be used for the Rural Roads Improvement Project II in the country. The package comprises funds from several sources, with a grant worth $5.4 million from the Nordic Development Fund (NDF) and another grant worth $6.67 million from the Australian Government of Australia. It incl
    Read More
  • Brazil’s road budget bubble bursting?
    March 30, 2016
    A shortage of funds could affects Brazil's road infrastructure plans. The country’s national department of transport infrastructure, Dnit, may have to halt activities in 2016 due to a lack of funds. Dnit manages the maintenance of existing roads in Brazil but has already had to suspend road paving and expansion works throughout the country due to a lack of finances. Unless further funds are found, Dnit will only be able to finance projects until August 2016. Dnit saw its budget for 2016 set at US$1.76 billi
    Read More
  • Congestion and safety concerns over Serbia’s roads
    February 23, 2012
    With traffic flows on the increase, Serbia needs to improve its road network and safety record, reports Gordon Feller. Serbia's road network needs to upgrade its road system against the backdrop of increased traffic flows. Serbia is crossed by segments of the important Trans European network (TEN). Corridor X with its branches Xb (Belgrade-Budapest) Xc (Nis-Sofia), and Xd (Nis-Presevo), represent the most important transit routes in the Republic, connecting Austria/Hungary, Slovenia/Croatia, and Bulgaria/Ma
    Read More

Highlighted Content