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

  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
    Read More
  • St Petersburg plans road connections spending
    February 13, 2012
    The authorities in the Russian city of St Petersburg are setting aside funds for road construction and repairs for 2012.
    Read More
  • Ivory Coast tunnel project
    March 30, 2022
    BESIX is working on an Ivory Coast tunnel project.
    Read More
  • Strabag to upgrade Austria’s A10 Oswaldibergtunnel
    July 13, 2015
    Austrian construction group Strabag will modernise the A10 Oswaldibergtunnel for Asfinag, Austria’s national motorway operator. Work on both tubes, each 4.3km long, will start this month and be finished in June 2017. The €34 million contract includes upgrading the road and tunnel surfaces as well as reinstalling all electrical and mechanical equipment. Thomas Birtel, chief executive of the Strabag Group, said in a statement that the contract will be covered by the group’s construction, engineering and c
    Read More

Highlighted Content