German road maintenance spending needs to be increased?

Germany’s audit office is calling for increased spending on roads maintenance. The audit office has criticised the road and autobahn budget set by Germany’s Ministry of Transport for the 2016 to 2030 period. The German Government has set its €3.8 billion annual spending for the 2011 to 2025 period based on the conditions of roads in 2010. However the audit office says that the future costs will be much higher.
July 8, 2015 Read time: 1 min
Germany will need to increase spending on road maintenance
Germany’s audit office is calling for increased spending on roads maintenance. The audit office has criticised the road and autobahn budget set by Germany’s Ministry of Transport for the 2016 to 2030 period. The German Government has set its €3.8 billion annual spending for the 2011 to 2025 period based on the conditions of roads in 2010. However the audit office says that the future costs will be much higher.
Finance & Funding

Related Content

  • Safer roads around the world
    January 3, 2025
    Safer roads around the world are the aim of iRAP.
    Read More
  • Strabag raises 2011-2012 outlook
    May 9, 2012
    After a solid first quarter 2011, Strabag, Central and Eastern Europe’s largest construction company, has raised its outlook for the financial years 2011 and 2012. According to the new forecast, Strabag expects an output volume of €14 billion in 2011 (previous target €13.5 billion), with earnings before interest and taxes (EBIT) forecast to increase to €320 million, after €295 million had been predicted. For 2012, the company had expected an output volume of €13.7 billion and an EBIT of €300 million, whi
    Read More
  • China's economic growth fuelling vehicle increase
    March 14, 2012
    China is at a turning point in many ways. The country's continuing economic growth is fuelling a massive increase in vehicle numbers, with no signs of slackening. This is most acute and most visible in major cities such as Beijing and Shanghai, where traffic jams are now a frequent occurrence. One recent Beijing tailback stretched nearly 100km along a major highway and was caused by roadworks at a particularly busy stretch of the road.
    Read More
  • China's economic growth fuelling vehicle increase
    February 21, 2012
    China is at a turning point in many ways. The country's continuing economic growth is fuelling a massive increase in vehicle numbers, with no signs of slackening. This is most acute and most visible in major cities such as Beijing and Shanghai, where traffic jams are now a frequent occurrence
    Read More

Highlighted Content