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

  • SU-820 reconstructing Russian federal highway M-5 Ural
    June 1, 2012
    Stroitelnoe Upravlenie-820 (SU-820) has won a tender for reconstructing 11km of the M-5 Ural federal highway in Russia. SU-820 estimated the work cost at US$103.98million (RUB 3.30bn), which was 18% less that the starting price. The reconstruction is due to be completed by late October 2014. Five other companies including the Chelyabinsk-based (Ural) Uralmotostroy, the Omsk-based (Siberia) Mostovik, and the Saratov-based (Volga) Volgomost, took part in the tender.
    Read More
  • Austrian contractor Strabag reports good results
    February 14, 2013
    Austrian firm Strabag claims to be Central and Eastern Europe’s largest construction company and has announced steady financial performance for 2012. “At €14 billion, our output volume has remained stable versus the €14.3 billion in the previous year: In Poland, we have registered declines due to the end of the construction boom, which, however, we were able to compensate with growth in Germany and transportation infrastructures projects in Romania. Germany is currently a successful market for us, also as r
    Read More
  • Interviews round-up
    March 19, 2012
    Investment in infrastructure is a key priority for the US. With a three-part growth strategy, business improving worldwide and improvements in order books, the Terex Group is looking to increase net sales to US$8 billion by 2013. Ron DeFeo, Terex’s chief operating officer, said the company has been seeing increased order and quotation activity across nearly all of its product categories.
    Read More
  • Tunnel breakthrough for new Auckland link in New Zealand
    October 8, 2014
    Auckland’s Western Ring Route project update - Mary Bell writes. A number of integrated projects in Auckland, New Zealand, will improve the lot of road users and cyclists, and significantly alter the topography of the city’s motorway. On September 29th the tunnel boring machine digging the first of twin road tunnels beneath the city broke into daylight after 10 months underground. The new 2.4km-long Waterview tunnels will connect the city’s Northwestern and Southwestern motorways, each carrying three lane
    Read More

Highlighted Content