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Ministry to put out road, railway bids totalling EUR 709 millionMinistry to put out road, railway bids totalling EUR 709 millionMinistry to put out road, railway bids totalling EUR 709 millionMinistry to put out road, railway bids totalling EUR 709 million
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Daily News Daily News · 26/10/2015
· Business

Ministry to put out road, railway bids totalling EUR 709 million

economy
Daily News Hungary economy

Budapest, October 26 (MTI) – Hungary’s development ministry will put out road and railway development bids totalling nearly 220 billion forints (EUR 709m) in the next few days, the ministry said in a statement on Monday.

The ministry added that between November and February companies will be invited to submit bids for a similar amount so that the bulk of projects could be completed by a deadline in 2018.

The prospective projects include railway reconstruction around Lake Balaton, electric development of the railway line to Esztergom, and an upgrade of the tracks between Budapest-Kelenfold and Szazhalombatta, as well as new sections to the M30, M35, and M85 speedways.

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

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