Germany boosts transportation infrastructure spending for 2017

Germany has boosted its transportation infrastructure spending for 2017. The biggest slice of the budget - 42% - goes to the labour and social welfare ministry, followed by the military which gets just over 11% of the money, €36 billion, up €2.7 billion. The total budget of the German Ministry of Transport and Digital Infrastructure amounts to €26.8 billion, up 9.2% or €2.2billion from this year. Of this €26.8 billion, €13.7 billion will be invested in infrastructure. This will grow in 2018 to €14.4 b
December 19, 2016 Read time: 1 min
Germany has boosted its transportation infrastructure spending for 2017.

The biggest slice of the budget - 42% - goes to the labour and social welfare ministry, followed by the military which gets just over 11% of the money, €36 billion, up €2.7 billion.

The total budget of the German Ministry of Transport and Digital Infrastructure amounts to €26.8 billion, up 9.2% or €2.2billion from this year. Of this €26.8 billion, €13.7 billion will be invested in infrastructure. This will grow in 2018 to €14.4 by 2018. Spending will focus on future technologies such as electric mobility or automated and networked driving including providing €300 million for electric vehicle charging infrastructure.

The 2017 federal budget rose 3.8% - €12.2 billion – on this year’s budget to reach just over €329 billion. For the fourth year in a road, the federal budget deficit will be zero, according to the treasury.
Finance & Funding

Related Content

  • Road improvement plan laid out for Canada’s Prince Edward Island
    August 1, 2019
    The Canadian Atlantic province of Prince Edward Island will invest around US$170 million over four years to improve roads, including resurfacing 270km of highways. Projects will include the replacement of 18 bridges, according to a statement from Infrastructure Canada, a federal agency through which the central government will funnel $83.5 million towards the work. The province will provide $86.5 million, noted the agency. PEI is one of the three maritime provinces and is the smallest province of Cana
    Read More
  • Quebec's US$495.35mn plan to electrify public, private transport unveiled
    November 8, 2013
    Almost US$500 million will be spent in the three years to 2017 on the electrification of public and private transport in Quebec, Canada. Of the overall programme fund, $11.5 million will be dedicated to develop a provincial car-sharing programme. Meanwhile, Quebec's rebate programme for the purchase of electric vehicles by private owners will be extended with an additional $62.34 million. Under the programme, the number of electric cars in Quebec is expected to rise to 12,500 by 2017, from the present f
    Read More
  • US road safety is a cause for concern
    September 6, 2021
    There is concern over a worrying trend in US road safety, while there have been steady gains in road safety in Europe
    Read More
  • PPRS event highlights transport investment shortfall
    April 30, 2015
    The PPRS event in Paris highlighted the need for additional investment in road transportation – David Arminas writes. Consider the global road network. An improved road from one rural African town to another can reduce the journey time from a one-day walk to a one-hour drive. This could save lives through access to a hospital; allow small businesses to work faster by getting in supplies more quickly; allow children to attend a better equipped school. Roads affect society by allowing healthier and bett
    Read More

Highlighted Content