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

  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
    Read More
  • €17 billion for military road upgrades
    August 8, 2025
    Europe will invest €17 billion in roads to handle heavy for military traffic.
    Read More
  • Hungary’s national road development boom gathers pace
    January 7, 2014
    Hungary is experiencing a road development boom. In line with the country's New Szechenyi Plan (USZT), some €3.67 billion (HUF 1.1 trillion) is to be made available for road development works. National infrastructure development company NIF says it launched road projects worth a total of €1.5 billion (HUF 450 billion) in 2013. Contracts have been signed for the full amount. Hungary's M4 motorway is to be opened in 2016 between Abony and Fegyvernek. The 29km motorway section will also include a bridge over
    Read More
  • Serbia approves merger of Koridori Srbije and Putevi Srbije
    November 25, 2014
    Serbia’s Ministry of Construction, Transport and Infrastructure has approved a merger between the public-owned roads companies Putevi Srbije (Roads of Serbia) and Koridori Srbije (Corridors of Serbia). Putevi Srbije maintains roads while Koridori focuses on construction planning and project management, including expropriation of land. The government said the merger will contribute to faster completion of projects such as stretches of Europe’s Corridor 10 and Corridor 11 road networks and hopefully red
    Read More

Highlighted Content