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

  • India: Telanga state gets federal investment for 2,500km of roads
    October 24, 2016
    India’s federal government has sanctioned the construction or upgrading of 2,500km of national level roads in Telangana state. Work should include another ring road around the capital Hyderabad, according to a report in the Times of India newspaper. The head of the state government, chief minister K. Chandrashekar Rao, said state planning officials will need to come up with a detailed forward plan for transportation in the new state. Rao has held office since Telangana was carved out of Andhra Prades
    Read More
  • Strabag wins German A3 Autobahn contract
    July 24, 2015
    Austrian contract STRABAG has won the tender process to widen the A3 Autobahn in southern Germany. The contract will see the firm widening the A3 to six lanes in a deal worth €90 million. The A3 connects the cities of Frankfurt and Nuremburg. STRABAG has been awarded the EO 287 contract to widen a 5.7km section of the road using asphalt construction methods in the state of Bavaria. It has also won the EO 259 contract to widen an 8.5km section of road using asphalt construction methods in the state of in Bad
    Read More
  • Focusing on workzone safety systems
    March 16, 2012
    The US has seen a major reduction in deaths following accidents in its highway construction work zones, while Europe and other parts of the world are looking at new safety technology and systems to trigger a similar trend. Guy Woodford reports. Work in the US to reduce the likelihood of potentially fatal accidents at highway work zones is paying dividend.
    Read More
  • BAM half year results show jump in pre-tax profit
    August 19, 2016
    Dutch construction and related services group Royal BAM posted improved half-year results, despite Britain’s decision to leave the European Union. Half-year results to June showed pre-tax profit to €45 million, up from €4 million the previous year. However, group revenue slipped back €3.4 billion, down from around €3.5 billion. Construction and mechanical & electrical services suffered a €23.8 million loss, blamed on poor trading in Germany. But civil engineering and property helped profitability.
    Read More

Highlighted Content