Major investment planned for Russia’s Federal Road network

Russia will spend some of its revenues from its oil industry on improving its road network. Some 350km of Federal Roads were built in Russia in 2011 and 230km of Federal Roads have been constructed in Russia so far during 2012. Spending on Russia’s Federal Roads was US$$12.7 billion during this year. The investment in Russia’s Federal Roads is expected to increase to $14.6 billion in 2013, and to $16.6 billion by 2015. The work is needed as just 30% of Federal Roads currently meet requirements. And in capit
December 10, 2012 Read time: 1 min
Russia will spend some of its revenues from its oil industry on improving its road network. Some 350km of Federal Roads were built in Russia in 2011 and 230km of Federal Roads have been constructed in Russia so far during 2012. Spending on Russia’s Federal Roads was US$$12.7 billion during this year. The investment in Russia’s Federal Roads is expected to increase to $14.6 billion in 2013, and to $16.6 billion by 2015. The work is needed as just 30% of Federal Roads currently meet requirements. And in capital Moscow, the authorities will increase investment in the road network to $3.98 billion. There are several projects in hand and these include completing the reconstruction of five major highways connecting the city with the rest of the country.

Related Content

  • Guatemala planning major infrastructure deals
    February 14, 2012
    The authorities in Guatemala are presently carrying out feasibility studies for an inter-oceanic logistics corridor that would connect both sides of the country.
    Read More
  • “Structurally deficient” US bridges need warning signs, says ARTBA
    April 10, 2015
    A US construction sector group wants warning signs to be posted on bridges designated “structurally deficient" and in need of repair by state engineers. More than 61,000 structurally deficient bridges remain in need of significant repair, according to the American Road & Transportation Builders Association (ARTBA), which analysed the US Department of Transport’s National Bridge Inventory database. However, by the end of 2014 there were more than 2,000 fewer structurally deficient structures than in 20
    Read More
  • St Petersburg road works planned
    December 20, 2021
    New road works are being planned for St Petersburg in Russia.
    Read More
  • Market confidence remains strong in the build-up to bauma China 2012
    May 18, 2012
    Despite a slight slow-down in the pace of economic growth in China, market confidence remains strong in the country. The organisers of the upcoming bauma China event, from November 27 to 30 2012, say that China is still a key market for the global construction sector. Supported by a booming domestic market, the Chinese construction machinery manufacturers are also making ground on the international front. The exhibition is an international trade fair for construction machinery, building material machines, c
    Read More

Highlighted Content