Transport sheet T.11

Infrastructure investment

Germany's transport infrastructure is paid for from two sources: the Federal Ministry for Transport's own budget and, since 2025, a €500 billion special fund financed by borrowing. This sheet sets out the figures for 2026 and 2027, explains how the money is divided, documents Steffen Bilger's statements on it, including the new financing model for the motorways, and records the criticism.

€26.43bnCore transport budget, 2027 draft
€17.72bnFrom the special fund for transport, 2027
€170bnTransport investment to 2030, per Bilger
2027Autobahn GmbH to gain limited borrowing

Einzelplan 12

The transport budget, line by line

Each federal ministry has its own section of the budget, its "Einzelplan"; transport is number 12. The 2026 budget was adopted in November 2025, before Bilger took office. The 2027 figures are the government's draft, which Bilger introduced at its first reading on 8 September 2026; the Bundestag has not yet adopted it.

Selected figures, € billion (bars compare 2027 with 2026)
Item202520262027 draft2027 vs 2026
Core budget, total expenditure—27.9026.43−1.47
Investment in the core budget23.7213.4812.76−0.72
Special fund (SVIK), transport share—22.0017.72−4.28
Autobahn GmbH, investment6.634.264.36+0.10
Federal railways, core budget12.602.693.00+0.31
Federal waterways, core budget—1.820.85−0.97
Rail freight track-access subsidy—0.2650.200−0.065
Municipal transport (GVFG)——c. 2.08no comparison given
Income: truck toll—13.4813.20−0.28
Why the core figures fellMuch of the money for maintaining rail and roads moved from the core budget into the special fund from 2026. Federal railways in the core budget fell from €12.6bn in 2025 to €2.69bn in 2026, while the special fund provided €16.3bn for rail maintenance in 2026. Comparisons that look only at the core budget therefore overstate cuts; comparisons that add both can hide shifts between years.
Discrepancies in the sourcesThe 2026 figures in the table come from the Bundestag's comparison published with the 2027 draft (August 2026). Earlier documents for 2026 gave €13.73bn for core investment, €21.25bn from the special fund and €4.01bn for Autobahn investment; the differences probably reflect changes during the 2026 budget process.

The special fund

€500 billion over twelve years

The special fund "Infrastruktur und Klimaneutralität" (SVIK) allows up to €500 billion of borrowing over twelve years outside the normal debt rules. The Bundestag passed the law on 18 September 2025 and the Bundesrat approved it on 26 September 2025; it applies retroactively from 1 January 2025.

The fund was created before Bilger became minister. Its transport share is spent mainly on maintaining existing networks rather than building new ones. In his budget speech he pointed to another use: Das heißt, auch Schleusen und Wasserwege können endlich saniert werden. ("So locks and waterways can finally be renovated too", translation.) On 3 August 2026 he broke ground for a roughly €380 million overhaul of the nearly 100-year-old Kachlet double lock on the Danube at Passau.

Section A — the budget speech

"Germany can do infrastructure"

Bilger's first speech as minister, on 8 September 2026, introduced the 2027 transport budget. According to the Bundestag's report he summed up his message as „Deutschland kann Infrastruktur" ("Germany can do infrastructure").

He said that around €170 billion would be available for transport investment up to 2030, combining the core budget and the special fund. Rail funding would rise by €300 million in 2027 and by €1.8 billion in total by 2030. In return, he said, the government expected clear improvements for customers, and DB managers' bonuses should reflect whether targets were met (see rail).

He closed with a sentence that sums up the government's case for the budget:

Wir investieren genau da, wo es jetzt zählt: in die Lebensrealität der Menschen vor Ort – für den Alltag heute und für unsere Zukunft.

"We are investing exactly where it counts now: in people's everyday lives where they live, for today and for our future." (translation)

Steffen Bilger, budget speech, Bundestag, 8 September 2026 — Bundesregierung

The €170 billion is a total over several years and several sources, presented by the minister. It cannot be checked line by line against the budget documents cited on this page, which cover single years.

Cabinet decision · 7 October 2026

A new financing model for the Autobahn

The Autobahn GmbH has so far depended on annual budget allocations, which makes multi-year projects such as bridge replacements hard to plan. In his budget speech Bilger announced that the coalition had agreed a draft law to let the company borrow; the cabinet approved the new structure on 7 October 2026.

  1. Now

    Funding through annual allocations in the federal budget.

  2. 2027

    The Autobahn GmbH gains limited capacity to borrow.

  3. 2028

    It receives the infrastructure share of truck-toll revenue, currently about €4.5bn a year, to use itself.

  4. Throughout

    The federal government remains sole owner of the motorways and the company; stakes for third parties are excluded.

Pillar 1

User charges

The truck toll, paid by heavy goods vehicles.

Pillar 2

Federal budget

Continued allocations from Einzelplan 12.

Pillar 3

Private capital

Borrowing by the company, without private ownership stakes.

Wir leiten einen Paradigmenwechsel bei der Autobahnfinanzierung ein und schaffen mehr Spielraum für Investitionen in unsere Autobahnen.

"We are initiating a paradigm shift in motorway financing and creating more room for investment in our motorways." (translation)

Steffen Bilger, 7 October 2026 — BMV press release 093/2026

In the Bundestag a month earlier he had described the plan as „ein Paradigmenwechsel in der Modernisierung und Finanzierung des Straßenbaus" ("a paradigm shift in the modernisation and financing of road building", translation), with financing to become „überjährig, flexibel und verlässlich" ("multi-year, flexible and reliable"). The bill still has to pass the Bundestag. See road infrastructure.

The debate

Record level or halved?

The same budget was described in opposite terms in the debate of 8 September 2026. The positions below are as reported by the Bundestag.

Government side

  • Isabel Cademartori (SPD) praised investment at a „Rekordniveau" ("record level").
  • Stephan Stracke (CSU): „Wir können Infrastruktur" ("We can do infrastructure").

Opposition

  • Tarek Al-Wazir (Greens) said the budget had halved from about €50 billion to €26 billion, that there was not enough money for investment, and that no new rail projects could start next year.
  • Sascha Wagner (Left) said only €10.2 billion of investment was in the core budget and saw „weder transparente noch nachhaltige Finanzierungskonzepte" ("neither transparent nor sustainable financing concepts", translation). He called the change of minister a "political farce".
  • Wolfgang Wiehle (AfD) wanted more money for Autobahn repairs and criticised €11 billion for roads against €20 billion for rail.
InterpretationThe two sides are partly measuring different things. Core budget plus special fund came to roughly €50 billion in 2026 (€27.9bn + €22.0bn); the 2027 core budget alone is €26.43bn, with a further €17.72bn from the fund. Al-Wazir's halving figure is consistent with comparing the first total with the second core figure; the Bundestag report does not say which basis he used.

The gap after 2027

Commentary and associations

On the day Bilger's appointment was announced, ZDF and Logistik Heute noted that the special fund concentrates on maintenance and that core-budget shortfalls of billions open up from 2028, leaving new rail and motorway projects underfunded. Allianz pro Schiene opposed €145 million of cuts to rail freight support in 2027; the associations VDV and DVF said the cuts weakened reliability and planning security for rail freight.

Documented response

Bilger's main documented answer on roads is the Autobahn financing reform, intended to make funding multi-year. For rail, he cited the additional €1.8 billion to 2030. No statement by him specifically on the 2028 funding gap was found.