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Asfinag to Cut Costs by € 2.8bn

Published: March 26, 2012; 18:51 · (Vindobona)

The Austrian highway funding company wants to reduce construction costs by € 2.8bn over the next five years.

Asfinag to Cut Costs by € 2.8bn / Picture: © Asfinag

In order to realize the saving targets of the austerity package, several infrastructure projects will be cancelled, delayed or downsized. Asfinag and the Ministry of Infrastructure today announced their plans to reduce costs by € 2.8bn.

Doris Bures, Minister of Infrastructure explained that the government underlined its priority of supporting the railway sector. The downsizing…

This article includes a total of 120 words.

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