The State Transport Infrastructure Fund had approved the 2015 budget of 94.4 billion CZK. This amount has been managed to draw an unprecedented 91.5 billion CZK, i.e. almost 97%. It is the highest ever volume of funds that were spent from STIF budget on a transport infrastructure in a given year. Thanks to savings, the Ministry of Transport may help the regions with a 3 billion EUR package to repair II. and III. class roads this year.
The European Commission (EC) today approved the Operational Transport Program for the period 2014 - 2020. It will allow the Czech Republic to draw on EU funds up to 4.7 billion euros (about 125 billion crowns) on the development of road and rail infrastructures. Upon this step, the Ministry of Transport has successfully completed the intensive negotiations with the European Commission on the program form. We practically managed to enforce it in those parameters the Ministry submitted to the European Commission.