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

  • Easing temporary highway danger
    February 22, 2013
    Some of the latest speedometer technology has been successfully trialled in French highway work zones, while tireless work continues across Europe and the United States to reduce the number of work zone deaths and serious injuries involving road workers and motorists. Guy Woodford reports The number of roadworkers being killed and seriously injured on England’s motorways and major trunk roads more than doubled between 2007 and 2010 – from no deaths and 14 serious injuries. This rise has led to to major camp
    Read More
  • Hydrogen fuel option planned for California
    May 13, 2014
    A major innovation for California will be the wider availability of hydrogen as a ‘green’ fuel source for motor vehicles. Plans are in hand with the establishment of FirstElement Fuel, a retail hydrogen fuelling start-up business, being part-funded by automotive giant Toyota Motor. FirstElement Fuel is headed by former marketing chief of General Motors Joel Ewanick and is receiving US$7.2 million of funding from Toyota. The funding from Toyota will help with construction of hydrogen fuel stations through th
    Read More
  • Argentina seeking road funding opportunities
    October 10, 2018
    Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using th
    Read More
  • Self-healing roads, slippery roads and slimmer roads
    November 24, 2017
    This month’s bitumen technology pages bring you self-healing roads, slippery roads and slimmer roads and explains why one UK contractor has started manufacturing its own polymer modified bitumen - Kristina Smith reports. Professor Erik Schlangen, who heads up experimental micromechanics at the Delft University of Technology is receiving calls from all round the world these days. And it is hardly surprising because he and his team have invented a great new technology: asphalt that heals itself.
    Read More

Highlighted Content