Michigan State road development budget

Michigan Senate in the US is increasing its 2018 road upgrade budget by US$175 million. This comes in addition to the $600 million already budgeted for road upgrade works. Michigan has already set a road improvement budget for the 2019 fiscal year of $750 million. In addition the state has budgeted for a further $1.2 billion/year for roads in the future. This will be made available in 2021.
March 6, 2018 Read time: 1 min

Michigan Senate in the US is increasing its 2018 road upgrade budget by US$175 million. This comes in addition to the $600 million already budgeted for road upgrade works. Michigan has already set a road improvement budget for the 2019 fiscal year of $750 million. In addition the state has budgeted for a further $1.2 billion/year for roads in the future. This will be made available in 2021.

Finance & Funding

Related Content

  • Myanmar roads and bridges improvement budget set
    February 1, 2018
    Myanmar’s Ministry of Construction in Myanmar has set a budget for road and bridge improvement works for the April 2018-September 2018 period. US$181.5 million will be spent improving transport infrastructure in this period. Five road upgrade projects and 41 bridge improvement works are being planned. So far improvements are being carried out to three road links and 17 bridges.
    Read More
  • Tunisia spending budget on developing road network
    September 30, 2015
    Tunisia’s Ministry for Infrastructure, Housing and Coastal Development has a substantial budget set out for its road development programme. This schedule of works will be for the 2016-2020 period with some US$3.9 billion directed at road expansion and upgrade work. Of this budget, around $ 661 million will be spent on major highways and $712 million for major trunk roads. Meanwhile the roads in capital Tunis will see spending of some £406.8 million while $381.3 million will be directed towards road maintena
    Read More
  • Wacker Neuson bullish with strong results
    May 8, 2019
    The Wacker Neuson Group reports a strong financial performance for the first quarter of 2019. The firm’s results reveal a double-digit rise in revenue to €434.6 million, a gain of 17%. The company saw even higher growth of profit before interest and tax (EBIT) growth to reach €30.2 million, a jump of 31%. Meanwhile the firm’s EBIT margin improved to 6.9%, a gain of 0.7%. “This strong start to the year sees us continue the dynamic pace of growth from the fourth quarter of 2018. Demand for our products and
    Read More
  • Nicaragua road widenging and repair budgets
    March 6, 2018
    Nicaragua’s capital Managua is to benefit from a project to widen and upgrade the Pista Juan Pablo II road. Funding is being provide from a number of sources. The European Investment Bank (EIB) is providing US$136 million while the Central American Bank for Economic Integration (CABEI) is providing $105.5 million. The council of Managua meanwhile will provide $33.4 million. The work will see upgrades to 9.55km of the route, which also includes building new flyover sections.
    Read More

Highlighted Content