Approval has been given for a new road tunnel project that will run through the centre of Munich, the capital of state of Bavaria in South Germany. The project will see the construction of a 400m stretch of tunnel carrying four lanes of traffic. This new route will run underneath the Englischer Garten, a public park in the centre of the city. The new tunnel will replace a stretch of road at Isarring. The project is expected to cost €125 million in all, with the Bavarian State Government putting forward €35 million and the German Federal Government investing €2.67 million. The bulk of the financing needed for the project will be from the private sector, with the work due for completion by 2027.
New road tunnel planned for Munich, Germany
Approval has been given for a new road tunnel project that will run through the centre of Munich, the capital of state of Bavaria in South Germany.
Finance & Funding / June 30, 2017