Hungary to call tenders for HUF 500 bln in road construction by year-end
The Hungarian government is scheduled to call tenders for HUF 500 bln in road construction projects this September, starting in November and December, and affecting a total of 220 km of roads, state secretary for transport László Tasó said at a press conference yesterday, according to Hungarian news agency MTI.
Hungary hopes to get funding from the European Unionʼs "Juncker" investment plan to expand the divided highway that runs between Budapest and the western border of the country from two to three lanes, but it could weigh the use of state monies if the funding fails to materialize, the state secretary reportedly said.
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.