Germany performs U turn on privatising autobahn projects

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
November 1, 2016 Read time: 1 min
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 Government and state governments across the country. At present Germany invests around €3.5 billion/year in building new Autobahn sections or maintaining existing stretches.
Road Structures Finance & Funding

Related Content

  • Colombia: Cesar-Guajira road project awarded to El Condor
    May 15, 2015
    The Colombian government has awarded the contract for construction of the Cesar-Guajira road to Construcciones El Condor, sole bidder for the work. The deal is a US$165 million public-private partnership (PPP) aiming to improve connectivity with the country’s Caribbean coastal departments. The 350km road will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. Colombian Vice President, German Vargas Lleras, said five projects have been approved under the PPP sc
    Read More
  • The radically changing face of UK highways management
    May 14, 2014
    The British Government policy paper ‘Action for Roads: A network for the 21st century’ sets out radical change to the strategic way roads are funded and managed – including plans to turn the Highways Agency into a Government-owned company and a pledge to invest over €33.4 billion (£28 billion) in roads maintenance between 2015 and 2020. Jenny Moten, Highways Agency divisional director for Network Services, gave a keynote presentation on the new approach to strategic highways management during the Road Safet
    Read More
  • EIB backing Irish motorway link
    April 30, 2014
    The European Investment Bank (EIB) is providing financial backing worth €144 million for the new M17/M18 Gort-Tuam motorway project. The M17/M18 Gort to Tuam PPP Scheme is situated in the west of Ireland and will be constructed as a four lane motorway that will replace the existing N17/N18 roads. This new motorway will reduce journey times by around 20 minutes and has an overall cost estimated at €550 million. Construction work will start during this year and this is the second transport PPP to be signed un
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More

Highlighted Content