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

  • PPRS Nice 2018: maintenance moves mountains
    June 22, 2018
    Strategic maintenance was a major theme at the second Pavement Preservation and Recycling Summit in Nice, France. The world is changing, mobility is changing and so roads must change and adapt for the future.” With this brief statement, Jacques Tavernier opened the second PPRS Summit. “At the same time there is a growing awareness of poor or non-existent maintenance for highways. The question for this conference is how to adapt road maintenance in the face of this challenge,” said Tavernier, in his role as
    Read More
  • Mexico roads and bridges being planned
    November 15, 2016
    Mexico’s Nuevo Leon state will benefit from a budget of US$455.4 million for infrastructure works during 2017. However this is a drop of 16% from the budget allotted for 2016. The funding will be split between road maintenance and building new roads, with a key project being work on the Saltillo-Monterrey-Nuevo Laredo road. Meanwhile the elevated interconnection road linking the Periferico Sur motorway with the Tlalpan toll booth in Mexico City is seen as crucial to helping develop tourism, protecting th
    Read More
  • EU funds set for renovation of the Karawanks Tunnel
    July 18, 2017
    The European Commission will provide €25 million for renovation of the 7.8k-long Karawanks Tunnel, a motorway link between Austria and Slovenia. The Karawanks is a 120km-long mountain range between Slovenia to the south and Austria to the north. Around €6.5 million will go towards planning and €18 million will be set aside for reconstruction.
    Read More
  • Russian bypass projects under construction
    October 5, 2018
    The Russian government is starting a major programme of building bypasses around large cities during the current financial year – Eugene Gerden writes The Russian government is starting a massive programme of building bypasses around the country’s biggest cities during this financial year. The aim is to address the problems of traffic jams and speeding traffic on federal routes, according to recent statements by the Russian Presidential Administration and some senior officials from the Ministry of Trans
    Read More

Highlighted Content