Germany boosts transport infrastructure spending

The German Government's new transport investment strategy will see increased spending until 2030. The Ministry for Transport says that the emphasis will be on renovating existing infrastructure, instead of building new projects. Around 70% of investment will be for renovation and improvement projects, compared to 56% in the previous transport strategy. The plan is worth a total of €264.5 billion, an increase of €91 billion over the previous plan, with 49.4% targeted at road projects, 41.3% for rail and 9.3%

Germany’s audit office is calling for increased spending on roads maintenance. The audit office has criticised the road and autobahn budget set by Germany’s Ministry of Transport for the 2016 to 2030 period. The German Government has set its €3.8 billion annual spending for the 2011 to 2025 period based on the conditions of roads in 2010. However the audit office says that the future costs will be much higher.

Germany has boosted its transportation infrastructure spending for 2017. The biggest slice of the budget - 42% - goes to the labour and social welfare ministry, followed by the military which gets just over 11% of the money, €36 billion, up €2.7 billion. The total budget of the German Ministry of Transport and Digital Infrastructure amounts to €26.8 billion, up 9.2% or €2.2billion from this year. Of this €26.8 billion, €13.7 billion will be invested in infrastructure. This will grow in 2018 to €14.4 b