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

  • Huge investment for Moscow’s motorway routes
    May 1, 2015
    Huge investments being made in building several outbound routes in Moscow and the Moscow region – Eugene Gerden writes. Up to US$20 billion (900 billion Roubles) will be invested in the building of several outbound routes in Moscow and the Moscow region during the next few years, according to an official spokesperson of the Russian Ministry of Transport. It is planned that the routes will be built as flyovers above the railroad tracks in the Yaroslavl, Kazan, Riga and Paveletskaya directions of the
    Read More
  • Bridge safety should become a key US concern
    May 14, 2018
    Bridge safety is a key concern in the US, where so many structures are deficient - *Mary Scott Nabers. There are more than 54,000 structurally deficient bridges in the US. That designation does not mean the bridges are in imminent danger of collapsing, but it does mean that they need immediate attention. That fact becomes more alarming when one realises that every day more than 174 million motorists drive over the nation’s structurally deficient bridges. And, there are no plans for repairing the majority of
    Read More
  • Algeria signs off two contracts of Hauts Plateaux motorway work
    January 5, 2015
    The Algerian Council of Ministers has approved two contracts for stretches of road on the Hauts Plateaux motorway. No details of the contractors were given for the work that is to link Lambidiri to Draa Lahmar via Ouled Fadhel. Construction is expected to take 18 months. Last March, World Highways reported that work on the 1,000km Hauts-Plateaux motorway project was to begin that month. Construction cost for motorway’s 10 sections was estimated to be around US$8.94 billion, according to Algerian Minis
    Read More
  • “Structurally deficient” US bridges need warning signs, says ARTBA
    April 10, 2015
    A US construction sector group wants warning signs to be posted on bridges designated “structurally deficient" and in need of repair by state engineers. More than 61,000 structurally deficient bridges remain in need of significant repair, according to the American Road & Transportation Builders Association (ARTBA), which analysed the US Department of Transport’s National Bridge Inventory database. However, by the end of 2014 there were more than 2,000 fewer structurally deficient structures than in 20
    Read More

Highlighted Content