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

  • Mexico’s road development programme to continue
    January 3, 2019
    Mexico is setting a budget for road development works during the coming year. A budget of US$4.14 billion has been set for rebuilding existing roads and building new links during 2019. This budget has been set by the Mexican Secretariat of Communications and Transport (SCT). Projects being prioritised include the completion of Oaxaca-Puerto Escondido and Oaxaca-Mitla-Tehuantepec Isthmus roads. Maintenance work, link roads from highways to towns and upgrades to 5,500km of roads across the country will also b
    Read More
  • Innovative road/drainage tunnel plan for Jakarta
    February 16, 2015
    An innovative combined road and drainage tunnel is being proposed for Indonesia’s capital Jakarta. A study is underway at the moment for this novel integrated tunnel project, which is expected to cost in the region of US$1.88 billion. Work is due to commence during 2015, with the initial phase of the construction being carried out by Antaredja Mulia Jaya. The project is calling for two 12km tunnels that will help alleviate flooding in the city during periods of high rainfall as well as featuring a road. The
    Read More
  • Estonia’s capital road development plan
    September 25, 2023
    Estonia’s capital is to benefit from a road development plan.
    Read More
  • Tanzania sets out ambitious plan for road development
    June 20, 2018
    Tanzania is setting out ambitious plans for road development with a series of projects being scheduled during 2018 and 2019. A budget of US$658.4 million has been set by the Tanzanian Ministry of Works, Transport and Communications for the period. This is intended to pay for works on 62 separate road projects. The plan forms part of a wider programme of works intended to boost road connectivity across East Africa. Included in this strategic plan are new highways, upgrades to existing routes to add capacity
    Read More

Highlighted Content