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

  • Chinese funding for Sri Lanka road project
    March 27, 2019
    Funding from China in the shape of a loan will help pay for a major expressway project in Sri Lanka.
    Read More
  • Major Malaysian highway projects in hand
    July 24, 2013
    Malaysia’s Lebuh Raya Pantai Timur 2 (LPT2), highway is expected to open for traffic by September 2014. A series of delays have held back work on the 184km highway, although the 72km Bukit Besi-Kuala Terengganu section has been open since the third quarter of 2011. Some of the delays can be attributed to price increases in the cost of materials, which caused problems for contractors involved with the project. Work is ongoing at present on the section of highway from Bukit Mempusi-Kemamn's Felda Kerteh 6. Me
    Read More
  • Funding secured for Indonesia road project
    October 12, 2018
    A funding package has been secured that will help pay for a major road project in Indonesia. The project forms part of the Trans-Sumatra toll road and the funding comes in the shape of a loan worth US$600.45 million, which is being supplied by Indonesia’s Bank Negara. Hutama karya will use the loan to help pay for its work on the Terbanggi to Kayu Agung stretch of the Trans Sumatra road project.
    Read More
  • Indonesia’s road revamp is seeing new road transport connections
    July 16, 2018
    Indonesia’s road development programme is continuing, with a series of major projects being carried out across the country that will boost transport connections. State funding will help progress on the Trans-Sumatra toll road, paying for six sections of the road link. In all the 1,480km toll road project is expected to cost nearly US$11.85 billion, with state funding paying for a significant portion of the work So far the state-owned construction firm, Hutama Karya, which is building much of the route has
    Read More

Highlighted Content