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

  • Crisis for German bridge condition
    April 18, 2025
    Germany’s bridges are in critical condition!
    Read More
  • Bridge of international accord from Russia-China
    May 29, 2018
    A new bridge project joining China and Russia is a sign of international accord between the two nations – Mike Woof writes A new bridge spanning what China calls the Heilongjiang River and which is known as the Amur River in Russia, is a clear sign of an important international accord between the two countries. Discussions over the bridge project were first started between China and Russia in the 1980s, with both nations seeing many changes in leadership since that time. But while the political discussion
    Read More
  • Vietnam’s highway network is expanding
    August 1, 2018
    Vietnam is expanding its road and highway network with a series of major projects, as well as numerous upgrades to rural roads. A funding deal worth US$1.6 billion is being provided by the Asian Development Bank (ADB) for the Ben Luc yo Long Thanh National Highway. This route connects Dong Nai, Ho Chi Minh City and Long An. A portion of the necessary funding for ground clearance for the route is being provided by Vietnam’s State Budget. However the country is stopping work on the National Highway 3 project
    Read More
  • The US needs to address its road safety problems
    November 8, 2019
    The US has serious road safety issues that need to be addressed. In 2018, close to 36,600 people were killed in road crashes, according to data from the National Highway Traffic Safety Administration (NHTSA). The fatality rate for 2018 represents a 2.4% drop from 2017. In addition, the road death rate/160 million vehicle km traveled also decreased by 3.4%, from 1.17 in 2017 to 1.13 in 2018. And the NHTSA says it is the lowest fatality rate since 2014. Nearly 36,600 people died on US roadways last year, a
    Read More

Highlighted Content