Investing in Croatia's toll roads

Major investments in Croatia’s tolled highway network are being seen during 2011.
February 22, 2012 Read time: 1 min
Major investments in Croatia’s tolled highway network are being seen during 2011. The Croatian Association of Toll Motorways Concessionaires (3035 HUKA) has revealed that investments in highways will reach €413.51 million, an increase of 23% compared to 2010. Some €352.5 million will be invested in new highways, an increase of 20.4% compared to 2010. Meanwhile, €63.45 million will be invested in existing highways, an increase of 39.5%. In 2010, investments totalled €290.1 million. Rijeka-Zagreb Motorway (ARZ) and Bina Istra invested €39.44 million and €132.6 million, respectively.
Highway & Network Management

For more information on companies in this article

Related Content

  • Belgium considering tolling to pay for roads and tunnels
    January 27, 2016
    Belgium is considering tolling options as a mean to fund necessary road and tunnel developments and upgrades. The Brussels region is expected to spend between €500 million and €1 billion in order to update a series of key tunnel connections, with tolling being considered to raise a part of the funds required. A toll could be applied for the Léopold II tunnel during peak hours. According to Belgian consultancy company Stratec, traffic congestion could be reduced in Brussels by implementing an area charge dur
    Read More
  • Europe’s construction activity shows some optimistic signs
    July 10, 2012
    A cautiously optimistic report has been published by the European Construction Industry Federation (FIEC), which shows activity levels continue to fall. The FIEC’s recently released annual statistical report provides a comprehensive review of construction activity in Europe and shows business levels have improved slightly in some sectors. “The EU total construction output amounted to €1,208 billion in 2011, which represents a growth of 1.4% compared to 2010”, stated FIEC vice-president Jacques Huillard, in
    Read More
  • Better road safety reduces Europe’s casualty figures
    October 2, 2014
    Improving road safety in the EU has resulted in a drop in the fatality rate. Official figures just released show that the number of people killed on Europe's roads fell by 8% in 2013. This follows on from the drop in fatalities of between 2011 and 2012 and Europe is on track to halve road deaths in the 2010-2020 period Figures released by the European Commission provide grounds for optimism and Antonio Avenoso, executive director of the European Transport Safety Council (ETSC) said, “We welcome the reductio
    Read More
  • Cost reductions on Russian highways
    July 12, 2012
    Major cost reductions are being seen on some key highway projects in Russia including the new ring road project in St Petersburg, where the reduction is US$192.31 million. The management of the ring road in St Petersburg has signed an agreement with the main contractors (Flora, the corporation Inzhtransstroy) to cut costs by 12-17.6% in 2009-2010. The 12% reduction is equivalent to US$32.05 million and will apply to contractors that are to complete facilities in 2009. Meanwhile the 17.6% cut is for work pla
    Read More

Highlighted Content