Hungary to call tenders for HUF 500 bln in road construction by year-end

Int’l Relations

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.

ADVERTISEMENT

ÁKK Sells HUF 60.5 bln of Bonds at Auction, Double Plan Debt

ÁKK Sells HUF 60.5 bln of Bonds at Auction, Double Plan

Nearly 40% of Poles Report Worsening Financial Situation - S... World

Nearly 40% of Poles Report Worsening Financial Situation - S...

New Car Registrations in Hungary Fall 10% in August Automotive

New Car Registrations in Hungary Fall 10% in August

New Generation Internet Forum 2023 Coming in November Conferences

New Generation Internet Forum 2023 Coming in November

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.