Hungary's transport strategy finalized

Analysis

The government has finalized the list of road, railway and water transport projects to be carried out between 2007 and 2013 as part of the Operative Program for Transport System Development (Közop), a key component of Hungary’s national development strategy, Government Commissioner Gordon Bajnai announced.

Going against EU guidelines to promote rail transport over highway construction, the architects of the plan earmarked approximately Ft 600 billion for the former and over Ft 750 billion for the latter, daily Népszabadság pointed out. Moreover, an estimate by the Transportation Science Association and other professional organizations suggests that the total cost of the planned road construction projects alone is in the range of Ft 1,650 billion, slightly less than the entire Ft 1,700 billion Közop budget.

Transportation professionals pointed to many other shortcomings in the proposal, such as wrong road construction priorities, failure to increase the share of electrified railway lines, insufficient funds for the creation of high-speed rail corridors, and lack of a detailed navigability plan for the Danube. The scheme requires a final nod of approval from the EU, which may decide to block several road construction projects, the newspaper speculated. (Népszabadság)

ADVERTISEMENT

Croatia jobless rate falls in August Figures

Croatia jobless rate falls in August

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

Martina Cifer joins Avison Young Hungary Appointments

Martina Cifer joins Avison Young Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.