Kazan allocated US$263.14mn road repair budget for 2012
Kazan Mayor Ilsur Metshin said authorities would allocate US$263.14million to repair the city’s road network in 2012, compared to a total of $197.66million spent over the previous five years.
May 15, 2012
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Kazan Mayor Ilsur Metshin said authorities would allocate US$263.14million to repair the city’s road network in 2012, compared to a total of $197.66million spent over the previous five years.
Within years, one in six UK local roads will need repairs or face closure, according to the latest Annual Local Authority Road Maintenance – ALARM – survey. The cumulative effect of an ageing network, decades of underfunding, increased traffic and wetter winters has led to around 17% of all UK local roads reportedly in poor structural condition, with less than five years of life remaining. The 22nd annual ALARM survey is a comprehensive study into local road maintenance funding and conditions. Local authori
A report by Goldman Sachs reveals Russia’s requirement for further infrastructure investment. The report, Russian Infrastructure and Construction, shows that investments in transport corresponded to 1.5-1.7% of GDP in 2005-2010. For Russia’s total infrastructure needs, including power networks and communications, spending equated to 3.7-4.3% of GDP. But the report shows Russia should allocate at least 3.5-4.5% of its GDP to infrastructure while maintenance of existing infrastructure should make up about 50%
Powes Parkop, the Governor of National Capital District (NDC) Province in Papua New Guinea (PNG), says US $ 305.13 million (PGK 629mn) is being sought by the provincial government for road improvements.
Of the targeted total, PGK 600mn is earmarked for the 2013 upgrade of several major routes including the Kookabara Street-Sir John Guise Drive flyover, the Erima roundabout, and the Paga Hill ring road. Some of the sum will also be allocated to build a four-lane road to link Bautama with Gerehu in preparati
