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Government to decide on transportation projects - Hungary

The government will decide today on the list of subsidized transportation investments. 

The Ft 600 billion (€2.4 billion, $3,3 billion) EU subsidy can be used for two years. The government might add over Ft 400 billion of its own subsidies, raising the total to over Ft 1,000 billion to be spent on road and transportation developments. The government plans to modernize the Szolnok-Debrecen and Budapest – Lökösháza railway lines and to develop the railway infrastructure in the neighborhood of Záhony. Railway developments are generally favored by the government since the majority of the carriages and the tracks are old and worn. There are only few electrified stretches, which puts railway at a disadvantage in the competition with road transportation. The combined length of the motorway network is 40% of the average in the EU-15 countries. Roads need a 1,000-1,200 kilometers of new road surface pavement so that they can support heavier traffic. 30% of the national main roads cross inhabited areas – another thing the government wishes to change. (Napi Gazdaság)