Czech infrastructure budget approved

The Czech government has set the 2017 budget for the Transport Infrastructure Fund at €3.03 billion. The budget includes European Union subsidies of just over €1.1 billion and a state budget contribution of €1.9 billion. The largest share of the funds will go towards construction and repair of roads, with nearly €1.7 billion allocated to the state road and motorway management company RSD. Around €111 million from the 2016 budget will be transferred to the 2017 budget for repairs of class II and III
October 31, 2016 Read time: 1 min
The Czech government has set the 2017 budget for the Transport Infrastructure Fund at €3.03 billion.

The budget includes European Union subsidies of just over €1.1 billion and a state budget contribution of €1.9 billion.

The largest share of the funds will go towards construction and repair of roads, with nearly €1.7 billion allocated to the state road and motorway management company RSD.

Around €111 million from the 2016 budget will be transferred to the 2017 budget for repairs of class II and III roads.

During the summer, the government announced that it would spend close to €310 million for maintenance and gritting of class I roads this winter.
Finance & Funding

Related Content

  • Paying for road development
    April 21, 2016
    All around the world, road expansion and maintenance is both necessary and ongoing. In the developed nations the focus is more on road maintenance and widening, while developing nations are concentrating on new road construction. Road networks are crucial to economic development as well as political stability, which often go hand in hand. The massive growth in the US economy from the 1950s onwards was boosted strongly by the development of the country’s interstate network. But in recent times, funding
    Read More
  • Highway 99 revisited
    March 6, 2024
    David Arminas recently returned to Seattle for an inside look at some of the features of the now-complete SR99 tunnel that was a World Highways key project report in November 2017.
    Read More
  • US federal highway trust faces running out of cash by 2015
    September 27, 2013
    America’s federal highway trust fund faces running out of money in 2015: a move that will have a “devastating impact” on states that rely heavily on federal funds for their road maintenance and construction needs, transportation officials warned the US Congress this week. Highway contractors, state transportation officials and the U.S. Chamber of Commerce all went to Washington this week to lobby Congress, arguing for a rise in the rate of federal gasoline tax to help boost the coffers.
    Read More
  • US federal highway trust faces running out of cash by 2015
    September 27, 2013
    America’s federal highway trust fund faces running out of money in 2015: a move that will have a “devastating impact” on states that rely heavily on federal funds for their road maintenance and construction needs, transportation officials warned the US Congress this week. - See more at: http://www.worldhighways.com/sections/general/news/us-federal-highway-trust-faces-running-out-of-cash-by-2015/#sthash.OH7KmQ0C.dpuf
    Read More

Highlighted Content