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

  • Tender for Morocco motorway study
    March 26, 2024
    The tender process is starting for a key Morocco motorway study.
    Read More
  • Major road projects for Philippines planned
    September 11, 2015
    A series of major highway infrastructure projects are planned for the Philippines. Plans are in hand for the Cavite-Laguna Expressway (CALAX) project, with MPCALA Holdings calling on the authorities to give final approval so that construction can commence before 2017. MPCALA Holdings is a subsidiary of conglomerate Metro Pacific Investments (MPIC) and won the 35-year contract to build, operate and maintain the CALAX in June 2015. The CALAX project is worth US$754.6 million. At present, the company is lookin
    Read More
  • BESIX-MTH awards Nordhavn work to Bravida
    February 5, 2024
    Bravida Denmark, on behalf of the BESIX-MTH joint venture, will install plumbing, electricity, ventilation, road lighting and light signals for Copenhagen’s Nordhavn Tunnel.
    Read More
  • US$223 million loan for Bolivian road works
    December 26, 2023
    A US$223 million loan will pay for Bolivian road works.
    Read More

Highlighted Content