Daily News Hungary economy

Budapest, October 16 (MTI) – A total of 100 million euros will be available for transport infrastructure developments across the Hungary-Austria border in the next seven years, the foreign ministry state secretary for economic diplomacy said on Friday.

Levente Magyar said preliminary studies for development projects were prepared with funding of 1.5 million euros in the past two years and the first tenders can be submitted in the spring of 2016.

Nine public road links and two railway links are planned to be modernised between the two countries. Six of the public road modernisation projects will connect villages on the two sides of the border and road 87 at Koszeg and M85 at Sopron will be linked to the Austrian motorway network.

Source: http://mtva.hu/hu/hungary-matters

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