Skip to main content

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.

Related Content

  • Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
    March 19, 2015
    A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
  • STRABAG wins contract for Hamburg, Germany
    August 26, 2020
    STRABAG has won a major highway contract in Hamburg, Germany.
  • The M-10 motorway to be a first PPP for Belarus
    July 3, 2019
    As Belarus opts for its first PPP, contractors should take note of contract nuances when working in CIS countries, explains Ove Arup’s Steve Gilpin Belarus is part of the Commonwealth of Independent States (CIS), a regional governmental organisation of 10 ex-Soviet bloc countries. The CIS includes Russia as well as Turkmenistan which is an associate member. Some countries, including Georgia, were part of the CIS but have left the organisation. Arup’s projects in CIS countries have been commissioned by
  • Belarus opts for a PPP road scheme
    August 12, 2019
    Belarus has started pre-qualification for what will be the country’s first public-private partnership – the M-10 motorway upgrade. David Arminas reports "There’s a little bit of almost everything in this project,” said Steve Gilpin, technical team leader and associate of engineers Ove Arup & Partners International. True to his word, there is. That was how Gilpin kicked off his presentation about Belarus’s planned M-10 motorway project to 180 international bankers, private investors, contractors and en