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

  • Russia's key highway development project
    May 28, 2012
    One of the largest construction programmes in Europe is being carried out to get a Russian resort ready for the Winter Olympics. Patrick Smith reports. Daytime temperatures top 30°C in September, and with hundreds of shops and hotels, it is not difficult to see why Sochi has become Russia's premier holiday playground. The city, on the east coast of the Black Sea, near the border with Georgia, bustles with tourists, and this is boosted with delegates at the 9th International Investment Forum Sochi 2010.
    Read More
  • Major projects proposed for Philippines
    August 19, 2014
    The Philippines is setting major targets for road development in coming years. A planned budget of US$2.59 billion has been set for infrastructure in the city of Luzon for 2015. And the Department of Public Works and Highways plans to pave some 32,227km of the country's national roads by 2016, with only 83% so far having been paved. Some 64.3% of the department's budget will be for repair and construction of highways. Other spending will be allocated for the development of 410km Mindanao road network, which
    Read More
  • Certified safe: ARTBA president talks future highways and safety
    January 16, 2020
    What keeps Dave Bauer* up at night? David Arminas caught up with the head of ARTBA at his Washington D.C. office during daylight hours
    Read More
  • Ethiopia’s challenging cement market: consumption stimulation
    January 26, 2018
    Ethiopia’s cement industry has enjoyed substantial growth in the past decade. However, challenges linked to the government’s investment policy could erode these gains, as Shem Oirere reports With nearly 16.5 million tonnes of cement capacity and 10% average growth in annual consumption, Ethiopia is among the top cement producers in sub-Saharan Africa. Only Nigeria and South Africa rival it.
    Read More

Highlighted Content