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

  • A key section of highway is now open in Romania
    July 26, 2012
    In Romania the northern section of the bypass around the city of Constanta is open to traffic. The bypass forms part of the Pan-European Road Corridor IV and work on this section was financed by the European Bank for reconstruction and Development (EBRD). The southern stretch of the 23km bypass was completed in 2011. Now it is complete, the bypass will carry heavy port traffic away from Constanta. It will also provide a free-flowing route for tourist traffic from Romanian capital Bucharest and the north of
    Read More
  • Road pricing could boost UK road investment
    July 4, 2012
    UK road users receive a mere £4 billion in capital investment, and congestion increases. Road pricing could provide the roads needed and reduce taxes, says a new report UK motorists receive a "paltry" £4 billion (€5 billion) investment in road capacity in return for the €57.5 billion a year they contribute in road user taxes, according to the 2008/9 Road File, published by the UK Road Users Alliance (RUA). Over the last decade, this infrastructure spend has led to a minimal 1% increase in the road network t
    Read More
  • Two major Indian highway links under construction
    July 21, 2022
    Two major Indian highway links are under construction.
    Read More
  • Upgrading a busy A road link in the UK
    July 4, 2018
    The upgrade to the UK’s busy A14 route will address a significant traffic bottleneck - Mike Woof writes The UK is suffering badly from traffic congestion, a problem that is particularly severe in and around its major cities. Lack of investment in road construction over many years has resulted in a major backlog of work, while the country has seen growing vehicle numbers. To make matters worse, there have been few additions to the major road network since the late 1980s and early 1990s. And the combinatio
    Read More

Highlighted Content