Hungary: road renovations to reach nearly €323million next year

Nearly €323 million will be spent by Hungary on road renovation projects in 2017, according to the Ministry of National Development. Tenders will be called by the Hungarian national road management agency Magyar Kozut. In June, a Colas Hungaria-Colas Ut consortium started work on a new stretch of M35 motorway, a deal worth up to €55 million.
August 19, 2016 Read time: 1 min
Nearly €323 million will be spent by Hungary on road renovation projects in 2017, according to the Ministry of National Development.

Tenders will be called by the Hungarian national road management agency 7071 Magyar Kozut.

In June, a 184 Colas Hungaria-Colas Ut consortium started work on a new stretch of M35 motorway, a deal worth up to €55 million.
Finance & Funding

For more information on companies in this article

Related Content

  • Hungary to build Mohács Bridge over Danube
    June 30, 2023
    Completion in 2026 is to coincide with the 500th anniversary of the Battle of Mohács.
    Read More
  • Astaldi begins drilling tunnels on Poland’s S7 dual carriageway
    March 14, 2017
    Italian contractor Astaldi has begun drilling two parallel tunnels as part of its S7 dual carriageway project in Poland. Each tunnel, between Naprawa and Skomielna Biala and under the Lubon Maly massif, will each be just over 2km long. Astaldi, based in Rome, won the three-year S7 dual carriageway project worth around €225 million in 2016 Work includes 38 bridges and viaducts and three motorway services. There will also be 25km of access roads and two junctions. The north-south S7, when complete
    Read More
  • French motorway operators to take on maintenance and renovation?
    September 7, 2012
    To generate savings on motorways Transport Minister, Frédéric Cuvillier, may ask the three largest operators (Vinci Autoroutes, APRR, Sanef-SAPN) to take on maintenance and renovation spending on certain sections in exchange for concession extensions. Motorways in Ile-de-France and stretches of motorways around Paris (A6, A10 and A13) could be among the first to be subject to the new maintenance and renovation arrangements. Negotiations will start with ASFA (Association des Société Françaises d'Autoroutes).
    Read More
  • Colombia: nine 4G PPPs to receive financing this year
    March 18, 2016
    Colombia’s minister of transport Natalia Abello Vives has announced that nine 4G public private partnership projects will receive financing this year. Final financing for the Puerta de Hierro-Cruz del Visola road, part of the second wave of 4G projects, will be on June 14, with work to be carried out by Spanish construction firm Sacyr. Construcciones El Condor will carry out the Antioquia-Bolivar and Cesar-Guajira road projects which will also receive financing this year. Other projects include the
    Read More

Highlighted Content