Investment Grant for the General Renovation of Villacher Alpenstraße

The funding supports the comprehensive general renovation of the Villach Alpine Road in sections II to V and is exclusively aimed at the operator Villacher Alpenstraßen GmbH. As a nationwide available infrastructure program, this non-repayable investment grant provides companies with the financial scope to ensure the value retention and appreciation of a significant Alpine route. With a total approval of 4.56 million euros, the Federal Ministry of Finance promotes sustainable construction measures that guarantee the long-term development of the participations. A prerequisite is that the costs of section I of the general renovation are fully covered in advance from own funds.

Project starts from January 1, 2025, to December 31, 2029, inclusive, are eligible for funding, with applications able to be submitted during this period. The objective is to secure critical traffic arteries in the Alpine region and strengthen regional infrastructure. The written agreement regulates the disbursement modalities, while deadlines must be strictly observed. The focus is on preserving the value of public participations of the Ministry of Finance as well as the long-term modernization of the road sections. Interested companies and experts can find further information on the website of the Federal Ministry of Finance or via the transparency portal under reference number 1073857. Timely planning and coordination with the responsible departments ensure the successful implementation of this significant infrastructure project.