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

  • ARTBA reacts to US transportation budget
    February 9, 2012
    The US-based American Road & Transportation Builders Association (ARTBA) has revealed its response to plans by the US Government to invest in infrastructure. According to ARTBA, the current US Administration has proposed investing a total of US$128 billion in transportation for 2012 financial year.
    Read More
  • From managed asset to service provider: the future highway
    May 20, 2019
    Every day we hear about Mobility as a Service (MaaS), but what about Roads as a Service? Geoff Hadwick reports from the ERF in Brussels The familiar physical asset called the road will increasingly be seen as part of an emerging global services sector. Given that, the role of the road is changing, notes Christophe Nicodème, general director of the European Union Road Federation (ERF). We need to think much more carefully about planning highway infrastructure in terms of people’s needs, said Nicodème,
    Read More
  • Low income countries account for only 3% of global road networks: a constraint for economic growth
    January 15, 2019
    An analysis of road network data from IRF World Road Statistics (WRS) reveals the low percentage of road networks in low income countries and underdeveloped regions of the world. These results link poor quality roads and lack of road infrastructure to constrained economic development and growth The IRF World Road Statistics (WRS) includes up-to-date data on the road and transport sector for over 200 countries and covers nine important road topics, one of which is road networks. An analysis of the road
    Read More
  • EBRD continues supporting infrastructure investment
    January 21, 2014
    The European Bank for Reconstruction and Development (EBRD) says it has provided strong support to emerging economies in 2013. Much of this investment has been into transportation infrastructure, which the EBRD sees as being crucial for development and to help emerge economies into growth. Total investments for the year across all of the regions where the EBRD is active amounted to €8.5 billion, according to preliminary estimates, compared with financing of €8.9 billion the previous year. These investments
    Read More

Highlighted Content