Skip to main content

Austria’s Asfinag sets out five-year investment plan

Austria’s road financing company Autobahnen- und Schnellstrassen-Finanzierungs (Asfinag) will invest around €8 billion in roads and motorways by 2024. Annual net profits stood at €824 million and debt was reduced by €235 million. Toll income was up 6.9% for trucks and busses to around €1.5 billion and for cars by 4.6% to around €690 million. Major future projects include the Vienna south-east tangent and the western motorway A1 as well as reconstruction of the motorway between Innsbruck and the German bor
May 13, 2019 Read time: 1 min
Austria’s road financing company Autobahnen- und Schnellstrassen-Finanzierungs (750 Asfinag) will invest around €8 billion in roads and motorways by 2024.


Annual net profits stood at €824 million and debt was reduced by €235 million. Toll income was up 6.9% for trucks and busses to around €1.5 billion and for cars by 4.6% to around €690 million.

Major future projects include the Vienna south-east tangent and the western motorway A1 as well as reconstruction of the motorway between Innsbruck and the German border.

Asfinag also said that improved tunnel safety is a high priority as several tunnels are currently being restored. Asfinag is adding 400 truck car parking spaces, bringing the total to 7,400 and focusing on the expansion of its electronic parking space search system.

Related Content

  • October 19, 2015
    Gulf Traffic 2015 sent to be ‘one of the largest ever’
    Gulf Traffic 2015 is shaping up to be one of the largest ever, say the organisers, with floor space nearly sold out four months away from the opening date. Significant investment over the past year in the Middle East within the traffic management, intelligent transport systems (ITS), road safety, parking, road maintenance and transport infrastructure industries has been reflected in the growth of the exhibition, conferences and awards. The GCC is set to invest approximately US$121.3 billion to improve
  • September 11, 2015
    FTA calls for infrastructure investment in Chancellor’s Spending Review
    The Freight Transport Association (FTA) has told the Chancellor that investment in roads and rail infrastructure is key to the UK’s future growth in its submission ahead of his 2015 Spending Review. Chancellor George Osborne will publish his review on 25 November, setting out how the Government will invest in priority public services and deliver the US$31 billion further savings required to eliminate Britain’s deficit by 2019-20. FTA says the UK economy’s reliance on freight means investing in the s
  • February 14, 2024
    Glasgow finalises its mobility-shift strategy
    Scottish city wants 'far more sustainable and equitable modes' than the private car
  • April 17, 2015
    USDOT finances Ohio River Bridges East End Crossing
    US Transportation Secretary Anthony Foxx has announced a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan of US$162 million from the Department's Federal Highway Administration to finance the East End Crossing section of the Louisville-Southern Indiana Ohio River Bridges Project. At the total cost of US$1.27 billion, the East End Crossing includes the East End Bridge and its connecting roadways. The bridge spans the Ohio River eight miles to the north connecting the east end of Louis