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

  • China funding road work in Nepal
    April 26, 2012
    China is helping provide funding for Nepal's road expansion. The Chinese Government has agreed a deal with the Nepalese Government to expand the Kathmandu Valley ring road. The feasibility study for the project has been completed and design work is currently underway.
    Read More
  • Powerful reclaimer/stabiliser aids road upgrade
    March 15, 2012
    A US contractor is upgrading rural Pennsylvania roads with the aid of a powerful new reclaimer/stabiliser Much of the United States highway infrastructure continues to deteriorate due to lack of a comprehensive road bill and eroding investment in the nation’s roads. However, some of the country’s secondary and rural roads are being upgraded, and funding is coming from unlikely private sources. Energy companies with stakes in the Marcellus and Utica deep shale gas reserve development are working with local
    Read More
  • Hungary to improve roads and invest in highways
    September 24, 2014
    Hungary’s huge highway programme will see close to €161 million being spent on upgrading some 500km of the country’s network. Hungary’s Ministry of National Development (NFM) plans for the work to commence in the first half of 2015 and completed by the second half of the same year. The cost of the work will be covered from EU funds in line with the country's Transportation Operative Programme (KOZOP). The work is needed as data from Hungary’s national road information source, Orszagos Kozuti Adatbank, revea
    Read More
  • Guatemala road project funding benefiting from foreign input
    October 9, 2017
    Foreign investors are playing a major role in funding work to develop Guatemala’s road infrastructure. For 2018, 74 of the projects being planned in Guatemala will be funded through foreign sources. However in all the Guatemalan Government has planned some 2.312 projects in all in its budget for 2018. Some US$131.85 million will be aimed at road works. Four projects are being planned to develop the road link connecting Alta Verapaz and Quiche. Another major road project being planned is for the CA-9 highway
    Read More

Highlighted Content