Homepage

General information

The State Fund for Transport Infrastructure (SFDI) was established by Act 104/2000 Coll., on 4 April 2000 and went into effect on 1 July 2000. The aims of the Fund are the development, construction, maintenance, and modernisation of roads, motorways, railways, and inland waterways. Apart from financing construction and maintenance, the fund contributes to research and project works, education, and relevant expert activities connected with transport infrastructure.

Funding

The income of the Fund comes from the revenue of road tax and a percentage of the excise duties on hydrocarbon fuels and lubricants, and the surplus raised by fees on certain motorways. In this way some of the revenue received from transport is returned to the transport infrastructure. The European Commission also provides some funding. At the end of each financial year the balance of any remaining income is carried over to the following financial year.

Officials

The Committee of the Fund, headed by the Minister of Transport, is composed of nine members and administers the Fund. Committee members are elected by the government and serve a term of four years. The Committee’s responsibilities include the appointment and dismissal of the Director of the Fund, the approval of proposed budgets, the scheduling of income and expenditures, setting timetables for the floating of tenders in accordance with legal requirements, and the release of funding for approved projects.

The five-member Supervisory Board, elected by the Chamber of Deputies for a term of four years, is the supervisory body of the Fund and oversees the operation and management of the Fund. These supervisory executives also serve four years.


The Director is appointed by the Committee. His role is to manage the Fund and implement the Committee’s decisions on the release of funding.