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
Kirk Steudle, former director of the Michigan Department of Transportation (MDoT), has been nominated to receive the IRF Man of the Year award.
Established in 1951, IRF's Man (Woman) of the Year award recognises public, private and education sector professionals with an outstanding track record of leadership and commitment to the road transport industry.
Abdullah A. Al-Mogbel, chairman, IRF, says: "This accolade crowns an exceptional career and a highly respected voice on innovation in transportation, at
The Masdar City personal rapid transit (PRT) system in Abu Dhabi has just completed its fifth year of operations, setting all time highs in number of passengers carried per month and per year, passenger growth and system availability. Since the start of operations on 28 November 2010 one can only conclude automated passenger transport is a rock solid, reliable and efficient solution for both passengers as well as stakeholders.
The Masdar PRT operates 18 hours a day, every day and is led by 2getthere in c
