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

  • New highway for Russia’s north west
    December 16, 2014
    In the north west of Russia, plans are in hand for a new highway project. The 80km highway is expected to cost US$172 million. The tender process is now underway and 40km of the highway is to be offered under a concession package. This section of the Syktyvkar - Naryan-Mar (the Nenets Autonomous Area, North-West) highway will be built in the Komi Republic. Construction of the highway is planned to commence in 2015, with completion expected in 2018.
    Read More
  • Paraguay’s major transport plans for road development
    May 26, 2016
    Paraguay is setting out plans for a series of major road development works, with this programme being planned by the country’s Ministry of Works. The Paraguayan Government says it will spend some US$1 billion on road projects in the area around Chaco, with those of highest priority being built within the next two years. The most important of the projects is the bi-oceanic corridor, which is expected to cost some $700 million to construct. The work on the bi-oceanic corridor is receiving financial support fr
    Read More
  • Wacker Neuson record slight revenue drop in Q1 2013
    May 22, 2013
    The Wacker Neuson Group reported a slight drop in revenue and earnings for the first quarter of 2013 compared to the same three months of last year. The German construction equipment manufacturer says that a weak European economy was one of the main factors that dampened demand for light and compact construction equipment in Q1 2013. In addition, the Group’s strong performance in first quarter of 2012 is said to have resulted in an above-average baseline for comparison. At US$331.26 million (€257.1mn), Grou
    Read More
  • East End Crossing Project—Availability payment P3 in action
    July 14, 2017
    Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
    Read More

Highlighted Content