Hungary road project, funding secured

Funding has been secured to help pay for an important road project connecting Hungary with neighbouring Slovakia. The EU is supplying €552.6 million, which will be used to improve the motorway that connects Hungary’s industrial city Miskolc with Tornyosnémeti, lying on the border with Slovakia. The work will include widening a 60km stretch of the existing route and constructing 48 new bridges. Construction is expected to be complete in the first quarter of 2022. The project is being financed through the EU’
September 11, 2019 Read time: 1 min
Funding has been secured to help pay for an important road project connecting Hungary with neighbouring Slovakia. The EU is supplying €552.6 million, which will be used to improve the motorway that connects Hungary’s industrial city Miskolc with Tornyosnémeti, lying on the border with Slovakia. The work will include widening a 60km stretch of the existing route and constructing 48 new bridges. Construction is expected to be complete in the first quarter of 2022. The project is being financed through the EU’s Cohesion Fund and is expected to reduce congestion, while boosting capacity and safety on the route.

Finance & Funding

Related Content

  • Bratislava bypass and Karpaty tunnel completion set for 2030
    June 18, 2018
    Slovakia’s national motorway company NDS expects that the Bratislava bypass on the D4 motorway together with the Karpaty tunnel will be completed around 2030. The D4 motorway is part of the trans-European transport network and will connect with the planned R7 expressway linking western and eastern Slovakia, and the existing D1 and D2 motorways”. Apart from construction works on part of the D4 motorway, another two stretches are planned on this link, including the 3.6km stretch from Devinska Nova Ves t
    Read More
  • Slovakia tunnel sections underway but some delays
    January 23, 2018
    The route for new tunnel links for Slovakia’s D1 highway has been agreed. New tunnels now look set to be built on the 13.5km stretch between Turany and Hubova section of the D1 highway. This plan calls for the construction of the Korbelka and Havran tunnels at an estimated cost of €900 million. Building these two links would bypass the Lower Fatra mountain range, with the Korbelka Tunnel measuring 5.9km and the Havran Tunnel measuring 2.9km long. The Slovak Environment Ministry rejected an appeal against th
    Read More
  • South Africa roads upgrade planned
    March 1, 2019
    Major road improvements will be carried out in several South African provinces. The Transport ministry has set a budget of US$880 million to improve key road links. Some of the projects being handled by the state-owned road company, SANRAL, are commencing shortly and should be completed in the next 12-24 months. One link being improved is the RS573 Moloto Road, which has an unenviable reputation for its frequent crashes. A budget of $217 million has been set for the work, which will include widening secti
    Read More
  • Morocco’s US$765 million motorway expansion
    December 16, 2024
    Morocco is aiming for a massive US$765 million motorway expansion.
    Read More

Highlighted Content