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

  • Innovative financing mechanisms for sustainable roads funding
    July 5, 2016
    Francesco Micci discusses innovation in funding methods All countries need an efficient and extended road transport system to sustain both the social development and the economic competitiveness. The latest trends show that the demand for road infrastructure is constantly growing, despite the negative impact of the financial and economic crisis on public and private financing. Global spending regarding road transport infrastructure actually accounts for roughly US$580 billion worldwide, and is projected
    Read More
  • Danish-German Fehmarn Belt road and rail tunnel hits funding snag
    July 9, 2015
    A Danish newspaper has learned of a significant European Union funding gap for one of Europe’s most ambitious transportation road and rail projects. The Fehmarn Belt Fixed Link would connect the German island of Fehmarn with the Danish island of Lolland. A submersed tunnel will cross the 18km-wide Fehmarn Belt, or Fehmarn Strait, in the Baltic Sea. Last February news emerged that contractors had revamped their cost estimates, adding nearly €1.2 billion to the project. This put the final cost of the 18
    Read More
  • Tanami Road to be sealed for 314km
    May 24, 2022
    Sealing part of the 1,077km Tanami Road in Australia’s outback could transform local farming.
    Read More
  • Upgrades underway for Tarrant tollway in Texas
    September 20, 2013
    Financing has been found to fund construction work on the North Tarrant Express (NTE) in Texas. The public-private partnership project for Segment 3A of the route will be carried out by NTE Mobility Partners Segments 3 LLC (NTEMP3). The rebuilding of the I-35W road close to Fort Worth will help reduce traffic congestion on the route at peak periods. The public-private partnership has been agreed between NTEMP3, the Texas Department of Transportation (TxDOT) and the North Central Texas Council of Governments
    Read More

Highlighted Content