Germany: VIFG to take over planning and construction of motorways

German transport infrastructure financing company VIFG, which is 100% owned by the German federal government, is to take over the planning and construction of motorways. According to the official website of the VIFG, planning and construction is done mostly be state governments. The VIFG has promised more transparency of road contracts.
October 31, 2016 Read time: 1 min
German transport infrastructure financing company VIFG, which is 100% owned by the German federal government, is to take over the planning and construction of motorways.

According to the official website of the VIFG, planning and construction is done mostly be state governments.

The VIFG has promised more transparency of road contracts.

Finance & Funding

Related Content

  • Colombia’s ANI agency is driving forward the 4G PPP programme
    April 4, 2016
    Andrade Moreno is a man on a mission. The head of Colombia's infrastructure agency ANI explains how the organisation is giving foreign companies increasing confidence to invest time and money in the country. David Arminas reports Change, especially when it touches the highest levels of South American business and politics, can bring with it personal danger. Luis Fernando Andrade Moreno, president of Colombia's National Infrastructure Agency - ANI - was aware of this when he took on the role in 2011. B
    Read More
  • Middle East financing for Moscow’s new toll route
    June 12, 2018
    Financing from the Middle East is helping to build the first toll road in Russia’s capital Moscow – Eugene Gerden reports. The first toll road within the Russian capital Moscow will be built this year with financing from a consortium comprising Russian and Arabian investors. This was revealed officially in a recent statement from the Moscow City Government. The heart of the project involves building a relief road for Kutuzovsky Prospekt, a major radial avenue in Moscow, which is known for its luxury stores
    Read More
  • Spain eyes new standard contract for long-term road development
    November 7, 2018
    Spain is looking to revamp its contractual formulae for large infrastructure work following moves to limit profits from long-term concession deals. The Ministry of Works is putting together a hybrid contract template for use with the Extraordinary Investment Plan for Roads. The previous government had tried to launch the investment plan on the back of around 20 concession contracts of over 20 years. The hybrid contract would aim to save road investments worth around €5 billion. It would be a mixed con
    Read More
  • China to set up “international courts” for Belt and Road disputes
    February 6, 2018
    China plans to set up an “international court” for settling disputes among companies participating in Belt and Road transportation infrastructure work, according to Chinese media. The Global Time newspaper – with strong links to the communist government – reported that Chinese companies are facing more foreign-related lawsuits as they step up investment and business in countries covered by Beijing’s Belt and Road Initiative. The report called Belt and Road “a brainchild of Xi”, referring to Xi Jinping
    Read More

Highlighted Content