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

  • Fehmarnbelt Tunnel start looms on the horizon - 2020
    October 20, 2017
    Work on the €7 billion immersed tunnel under the Fehmarnbelt could begin in 2020, according to the Danish state planning and operating company Femern. A construction start has been delayed on the 18km tunnel that will run between Germany and Denmark because of environmental and consultation issues in Germany. But Claus Baunkjaer, chief executive of Femern, said he is confident that Germany will give approval next year with another two years of preparations. Baunkjaer noted that Denmark is all set to p
    Read More
  • Germany performs U turn on privatising autobahn projects
    November 1, 2016
    Germany has made a U-turn on its controversial proposals to allow private investment into the administration of the Autobahn network. The proposals had attracted a great deal of political criticism and had become the subject of some debate. Proposals may yet allow private investors to take stakes in motorway construction projects. The country has a substantial backlog of road projects. The suggestion to allow private investment into Autobahn projects has come following discussions between the Federal Govern
    Read More
  • Recycling used for German road expansion project
    April 20, 2018
    A milling machine from Bomag has been carrying out an important portion of the work needed for a four-lane expansion of a busy route in Southern Germany Widening work has been carried out on the B85 route from Amberg to Pittersberg in Bavaria to boost its capacity. The 2.6km section was prioritised as being in urgent need of improvement by the Federal transport Ministry. Construction work commenced in mid-2017, starting with preparation works and the project includes a cloverleaf interchange to connect t
    Read More
  • Vietnam’s North-South Expressway project prioritised
    October 20, 2017
    Vietnam’s Ministry of Transport is prioritising the construction of the North-South expressway project. It is seeking the approval of the Vietnamese Government approval to speed up the development of a 713km stretch of the expressway. This particular section of the expressway is phase one of the project and has an estimated construction cost of US$ 5.73 billion. Just over half of the construction cost will be paid for by private investors while Government bonds are expected to pay for the remaining sum. Thi
    Read More

Highlighted Content