Skip to main content

Austria road and tunnel development plans

Major road and tunnel development plans are being set out in Austria. The country’s road traffic management business, ASFINAG, has set a budget of €1.1 billion for new works to be carried out during 2018. A planned 50% of the budget will be utilised for building new roads or for tunnel works. The remaining 50% will be used to pay for necessary road repairs and maintenance works. In addition, Asfinag has set a budget of €100 million to introduce the latest toll collection systems.
February 16, 2018 Read time: 1 min

Major road and tunnel development plans are being set out in Austria. The country’s road traffic management business, 4178 ASFINAG, has set a budget of €1.1 billion for new works to be carried out during 2018. A planned 50% of the budget will be utilised for building new roads or for tunnel works. The remaining 50% will be used to pay for necessary road repairs and maintenance works. In addition, Asfinag has set a budget of €100 million to introduce the latest toll collection systems.

For more information on companies in this article

Related Content

  • Serbia road project, funding secured
    February 19, 2019
    Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been
  • Austria-Slovenia tunnel project awarded
    August 9, 2018
    Construction of the second tube of the Karawanks Tunnel connecting Austria and Slovenia is now going ahead. The work will be headed by Austrian contractors, ARGE Swietelsky Tunnelbau and Swietelsky Baugesellschaft. The 7.8km-long tunnel route runs under the Alpine Karawanks mountain range. The Austrian motorway operator Asfinag is investing around €168 million into the project, while the European Commission is providing €25 million. The work being carried out will include building new rescue routes as wel
  • Austria is first to tender for C-ITS data collection on roads
    September 18, 2018
    This time next year Austria will be the first European country to have vehicles that collect safety‐relevant traffic information in real‐time. “We’re going for it,” Marko Jandrisits, the telematics services programme manager for Austria’s publicly own road and toll company ASFiNAG, said the tender for equipping the Austrian motorway network with the hardware and software for C-ITS – cooperative ITS - had just been launched. “The future is here,” said Jandrisit on the stand of AustriaTech at the ITS W
  • Loan for Bosnia motorway project
    May 9, 2019
    A loan agreement has been signed to help pay for a new motorway project in Bosnia and Herzegovina. The European Bank for Reconstruction and Development (EBRD) is providing the Bosnia and Herzegovina Government with a loan worth €210 million for next stage of Corridor Vc project. According to the EBRD, Bosnia and Herzegovina’s further economic integration with the Western Balkans and the rest of Europe will take an important step forward due to this loan for. The development of Corridor Vc is a strategic