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.
Bosnia’s highway company Autoceste Federacije BiH will invest €500 million in the construction of the Corridor Vc road. The European Investment Bank (EIB) will provide a loan of €166 million to part finance the project. The plans call for the construction of the 56km highway as well as an additional 10km of the Sarajevo ringroad. The cost of the project is three times higher than any other that the country has so far planned. Autoceste Federacije BiH has said that it will finance land expropriation.
Russia’s capital Moscow will see its highway network grow by 40km in the 2010-2015 period. In addition, 10km of roads will be entirely rebuilt. The city’s road building programme for 2010 is expected to cost in the order of €935 million, roughly a third of what was spent in 2008.
Councils in England will be given more than £100 million (€e117 million) of extra funding to spend on repairing potholes, Transport Secretary Philip Hammond has said.
London faces a nail-biting race against the clock to fix Hammersmith Flyover in time for the 2012 Olympics. The flyover, which carries 90 vehicles a day on the A4, the road between central London and the West, including Heathrow airport, has been closed since 23 December after serious defects were found in the 50-year-old structure.
