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Hungary's plans HUF 3,000 billion of road construction till 2027

Hungary plans to build 2,900km of roads at a cost of HUF 3,000 billion in the next two European Union budget periods till 2027, National Development Ministry state secretary Pal Volner said on Thursday.

About 500 of the 2,900km will be motorways and 1,000km will be expressways, Volner said. An annual HUF 160 billion will be spent on building the roads in the first seven-year budget period, until 2020, and a yearly HUF 210 billion will be spent after that, he added.

National Infrastructure Development Company (NIF) communications department chief Daniel Loppert said the southern half of the M0 ring road around the capital is being expanded from a two- to three-lane dual carriageway. The section of the ring road between the M1 and the M6 motorways will be completed by November and the section between the M5 and the 51 expressway will be finished by the middle of next year. The stretch between the M6 and the 51 expressway will be completed after two years, he added.