Fitful Hungarian roads
Article Abstract:
The Hungarian road-building programme is currently achieving mixed results. The 43km section of the M1 motorway between Vienna and Budapest which was completed in Jan 1996 has so far failed to meet original traffic predictions. However, it has captured almost 50% of total corridor traffic in the region. Work on the $480 million M5 privately built toll road is set to meet completion dates in its first stage. There have been problems with obtaining funding for a new bridge over the Danube in southern Hungary.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1996
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City link project float
Article Abstract:
Contractors for the City Link toll road, near Melbourne, Australia, plan a public flotation in 1995 which aims to raise 1.7 billion Australian dollars. The tender was won by Transfield Holdings and Obayashi Corp, from a consortium which includes Theiss Contractors and John Holland Constructions. The Obayashi and Transfield consortium is negotiating details with the state government of Victoria and it is not clear whether there will be public funds for the project.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1995
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Victoria to finance tollways and power
Article Abstract:
The Victorian State Government in Australia is planning to close bids for the Melbourne City Link tollway project which will link the capital's freeway with the Westgate Bridge and to the south eastern freeway. The freeways will incorporate sensors that enable tollway operators to charge drivers monthly or quarterly.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1995
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