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

  • Germany is developing infrastructure plans
    March 21, 2016
    The German Government's new transport investment strategy will see increased spending until 2030. The Ministry for Transport says that the emphasis will be on renovating existing infrastructure, instead of building new projects. Around 70% of investment will be for renovation and improvement projects, compared to 56% in the previous transport strategy. The plan is worth a total of €264.5 billion, an increase of €91 billion over the previous plan, with 49.4% targeted at road projects, 41.3% for rail and 9.3%
    Read More
  • Poland road tenders being announced
    October 5, 2015
    Polish General Directorate for National Roads and Motorways (GDDKiA) is announcing tenders for the construction of a series of major routes. One key stretch is for a 41km section of the S14 dual carriageway, which will link the A2 highway with the S8 dual carriageway and which will constitute Lodz's western ring-road. According to declarations of the Polish Infrastructure and Development Ministry, work on the S14 project will commence in 2016.
    Read More
  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
    Read More
  • Polish island tunnel connection planned
    February 7, 2017
    The tender process is due to commence in Poland for a major new tunnel project in the north of the country. The link will provide an improved road connection for the city of Swinoujscie, running between the islands of Uznam and Wolin. When complete in late 2021 or early 2022, this will be the longest road tunnel ever constructed in Poland. A number of consortia and companies have been preselected by the Polish General Directorate for National Roads and Motorways (GDDKiA) to tender for the project. The plans
    Read More

Highlighted Content