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

  • Germany’s Salierbrücke bridge reopens
    December 1, 2021
    Extensive upgrading of the Salier Bridge was commissioned by Karlsruhe city council in 2019.
    Read More
  • Germany: Foreign users to pay toll
    June 23, 2015
    Foreign road users could be paying up to €130 (US$147) a year for using Germany's autobahn motorways starting in 2016. The plan was given the go-ahead by the German government last October but implementation could be delayed if it faces a legal challenge by European member states. Bavarian state transport minister Alexander Dobrindt said he was convinced that the draft law does not discriminate against foreign motorists, an issue if the law were to be challenged in any European court. He called the infras
    Read More
  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
    Read More
  • I Lift NY crane places first girder on New York’s Tappan Zee Bridge
    June 25, 2015
    One of the world’s largest cranes has placed the first steel girder assembly for the approach span of the new NY Bridge, often called the Tappen Zee Bridge in New York. The barge-mounted I Lift NY super crane with its nearly 100m boom slowly picked up the 125m unit from its delivery barge and gently lowered it onto concrete pedestals in the Hudson River, near the Rockland County side of the bridge. The super crane will install even larger sections of the new bridge, some of which weigh around 907tonne
    Read More

Highlighted Content