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

  • Deep and wide with Wirtgen’s W 100 CFi compact milling machine
    May 14, 2018
    The spread of fibre-optic cables, especially for broadband internet access, is advancing rapidly across the world. The Upper Austrian district of Schärding, not far from the German border, is no exception. Engelhartszell is the second community to benefit from this technology. And the contractor, Hemmelmair Frästechnik from Linz, is also making use of cutting-edge technology - in this case made from steel and carbide. A Wirtgen W 100 CFi compact milling machine with deep milling unit is being used for tren
    Read More
  • Upgrades underway for Tarrant tollway in Texas
    September 20, 2013
    Financing has been found to fund construction work on the North Tarrant Express (NTE) in Texas. The public-private partnership project for Segment 3A of the route will be carried out by NTE Mobility Partners Segments 3 LLC (NTEMP3). The rebuilding of the I-35W road close to Fort Worth will help reduce traffic congestion on the route at peak periods. The public-private partnership has been agreed between NTEMP3, the Texas Department of Transportation (TxDOT) and the North Central Texas Council of Governments
    Read More
  • Key road infrastructure developments in Australia’s South Australia and New South Wales states
    July 25, 2018
    A major road infrastructure development is being put forward in South Australia. A 14km-long bridge is being proposed that would connect Kangaroo Island with the mainland. The bridge has an estimated pricetag of US$3.7 billion (A$5 billion). The proposals call for a PPP project, with tolls on the four lane bridge helping to pay for its construction. However with a population of under 5,000, there are questions as to whether there would be sufficient traffic between Kangaroo Island and the mainland to make t
    Read More
  • Taiwan infrastructure plan for development
    July 23, 2018
    Taiwan has set a US$4.6 billion budget for infrastructure development, with road transport works accounting for 25.8% of the financing.
    Read More

Highlighted Content