Bashkortostan Republic’s up to US$19.04bn investment in roads

Authorities in the Bashkortostan Republic (Volga) in western Russia have approved a strategy that could see investments of between US$7.77 billion (RUB 249.7bn) and US$19.04 billion (RUB 612.2bn) to develop and improve regional and inter-municipal public roads by 2030.
June 11, 2013 Read time: 1 min
Authorities in the Bashkortostan Republic (Volga) in western Russia have approved a strategy that could see investments of between US$7.77 billion (RUB 249.7bn) and US$19.04 billion (RUB 612.2bn) to develop and improve regional and inter-municipal public roads by 2030.

Related Content

  • Arteris of Brazil plans to spend up to US$2.26bn by 2017
    January 31, 2013
    Brazil motorway concessionaire Arteris, formerly OHL Brasil, could spend up to US$2.26 billion (BRL 4.5bn) by 2017, instead of an initially planned BRL 3.5 billion. The company is to turn Serra do Cafezal (Rodovia Regis Bittencourt) and BR-101 in Rio de Janeiro into dual carriageways, in addition to Autopista Fluminense and Autoposta Litoral Sul. Arteris says it has a BRL 1.8 billion loan from national development bank BNDES to help with its investments. However, the company says it plans to raise some BRL
    Read More
  • Liebherr posts €8.963.6bn 2013 turnover amid big production site investment
    June 16, 2014
    The Liebherr Group achieved turnover of €8.963.6 billion in 2013 – down 1.4% (€126.6 million) on 2012. The group said the full business year figure was posted against a backdrop of “moderate” international economic progress, with 2013 also seeing €830 million invested by the group in production facilities and its sales and service network. The Liebherr Group’s global workforce also rose again last year by 4% (1,623) to 39,424. In the construction machinery and mining area, turnover in 2013 reached €5,630
    Read More
  • Road tunnel construction tender to be held in Rostov-na-Donu, south east Russia
    December 14, 2012
    The government of Rostov-na-Donu (South) in south east Russia has adopted a resolution on holding a tender for the right to reach a concession agreement on designing, constructing, and maintaining the Northern tunnel, which will join Rostov-on-Don city centre and a residential area in the north of Rostov-na-Donu municipality. The four-lane road will be 2.5km long. The facility capacity will total up to 60,000 cars per day. The project is estimated to cost €212.85 million (RUB 8.50bn), and the works are exp
    Read More
  • Norway-Russia road connection improvement
    October 12, 2017
    An improved road link will boost transport between Norway and Russia. The two countries have already spend around US$160 million to upgrade the road link that connection between the two. A 25km stretch is connecting Norway’s Sor-Varanger municipality with Russia’s Pechengsky District in the Murmansk Region. This is providing a shorter road route between Kirkenes in Norway and the important port of Murmansk in Russia and will help boost transport and trade between the two countries, as well as for Finland.
    Read More

Highlighted Content