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

  • Czech tenders for D6 section near Karlovy Vary
    June 7, 2023
    The Petrohrad-Lubenec section includes several bridges with work starting by the end of the year for completion in 2026.
    Read More
  • NSW government reveal roads budget programme
    June 19, 2012
    The New South Wales (NSW) government in Australia will invest AD $5 billion (US $4.95 billion) to build and maintain critical road and maritime infrastructure across NSW as part of the 2012/13 State Budget. “This year’s budget includes a significant investment aimed at tackling congestion in our busy city areas and improving our rural and regional network with major commitments to the Pacific, Princes, Hume and Great Western highways,” said NSW roads and ports minister Duncan Gay.
    Read More
  • Chinese investment in infrastructure
    April 24, 2014
    Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget. Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
    Read More
  • Europe’s drive for safer roads sets new targets
    January 9, 2019
    Europe’s drive for improved road safety will see new targets being set. Previous ambitious plans to reduce road casualty rates have not been achieved, so new strategies are being devised. The European Transport Safety Commission (ETSC) is setting out its latest plans. In 2010, the European Union renewed its commitment to improve road safety by setting a target of reducing road deaths by 50% by 2020, compared to 2010 levels. This target followed an earlier target set in 2001 to halve road deaths by 2010. A n
    Read More

Highlighted Content