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.

Finance & Funding

For more information on companies in this article

Related Content

  • Colombia’s Toyo Tunnel project providing key link
    May 20, 2016
    Colombia’s Toyo Tunnel project will provide an important new link for the country, writes Mauro Nogarin. The new Toyo Tunnel project is of immense importance for Colombia, improving transportation and providing an important road link. The work is being carried out by the Antioquia to the Sea Consortium, which comprises of FCC Construction, Cass Builders and Company, Carlos Alberto Solarte and Estyma Studies and Handling. These firms are building the Toyo Tunnel project and the various access roads, with the
    Read More
  • Golden route to success
    July 20, 2012
    Built in 1937 and still the ninth longest suspension bridge in the world, the Golden Gate Bridge across San Francisco Bay remains in fine shape despite its age - Andrew Bardin Williams writes The Golden Gate Bridge turned 75 years old on May 27 and continues to play a key role in the transportation, engineering, construction and ITS communities. The structure has played an important historical role, an engineering success that boosted the economy of the region. And it also led the way as the first major pub
    Read More
  • Electric road for Aylesbury in the UK
    November 25, 2019
    Researchers from the UK’s Lancaster University will design, fabricate and test systems that generate electricity using piezoelectricity and hydromechanical dynamics from passing vehicles. The electricity produced will be stored in roadside batteries to power street lamps, road signs and air pollution monitors in the town of Aylesbury. There will also be sensors that detect the formation of potholes, according to a statement from the university’s engineering department. In addition, the so-called smart
    Read More
  • Italy plans motorway tunnel maintenance work
    March 9, 2020
    Italy is planning a series of motorway tunnel maintenance works.
    Read More

Highlighted Content