Traffic Expenditures: € 4.3bn less

People ♦ Published: November 12, 2010; 17:15 ♦ (Vindobona)

As a consequence of the new budget, public infrastructure projects are being reduced considerably. Postponed projects and low-cost alternatives will save money.

Traffic Expenditures: € 4.3bn less / Picture: © Wikimedia Commons / Christian Jansky [CC BY-SA 3.0]

Today, the Minister of Transport, Doris Bures (SPÖ) presented the development plan for the Austrian traffic infrastructure. The plan, which is extending from 2011 to 2016, contains capital expenditures amounting to € 18.0bn, which is € 4.3 less than the origin plan scheduled.

Investments in roads were reduced by 2,8bn and are now accounting for € 6.5bn. Railway projects…