Confirmed: The Transport sector draws money for construction best in history

Confirmed: The Transport sector draws money for construction best in history
14/6/2017Press releases

In 2016 more than CZK 78.7 billion could be drawn for transport construction projects. This is stated in the annual report of the State Fund for Transport Infrastructure (SFDI), which the government received today. The Transport resort has been able to benefit more than CZK 13 extra billion for transport projects than what was originally approved in the SFDI budget. This is historically the best result of drawing funding from the transport infrastructure budget.

Confirmed: The Transport sector draws money for construction best in history
"The balance sheet of the SFDI budget shows that the transport construction is really in full swing the money did not just stay on paper. We started building new sections of the D3 motorway, continue to modernise the D1, build the D1 in section Přerov – Lipník, build the Třinec bypass on the 1/11 road and many other projects," said transport minister Dan Ťok.

Thanks to the successful drawing of European funds from OPD (the Operational Program Transport) in 2015, the SFDI received additional resources, and it was possible to increase the budget to a total of 80.5 billion. (i.e. adjusted SFDI budget). More than 98% of this amount has been successfully used. Who deserves most credit are the main beneficiaries – the Railway Infrastructure Administration, which has drawn a total of about 99.0% of the railway infrastructure budget, as well as RSD (the Directorate of Roads and Motorways), which has used up 98.7% of the roads infrastructure budget. The regions also contributed to the excellent result in drawing extraordinary state support for repairs of class II and III roads, which constituted 99.6%.

For the year 2017 the Chamber of Deputies of the Czech Republic approved the SFDI budget in the total amount of 82.1 billion CZK, which is almost 16.4 billion more than in 2016. Its amount thus provides sufficient assurance that even in 2017 there will be sufficient funds for transport infrastructure projects and also the pace of how fast resources are drawn down from OPD (the Operational Program Transport) will accelerate. At the same time, the Ministry of Transport is seeking to ensure that the SFDI budget also provides funding for all building facilities that are already in operation or will be completely prepared next year.



 
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