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

  • Russian bypass projects under construction
    October 5, 2018
    The Russian government is starting a major programme of building bypasses around large cities during the current financial year – Eugene Gerden writes The Russian government is starting a massive programme of building bypasses around the country’s biggest cities during this financial year. The aim is to address the problems of traffic jams and speeding traffic on federal routes, according to recent statements by the Russian Presidential Administration and some senior officials from the Ministry of Trans
    Read More
  • Major Canadian toll road extension project awarded
    May 25, 2012
    A joint venture formed by SNC Lavalin and Cintra Infrastructure will handle the contract to extend Highway 407 in Canada. This US$974.4 million (C$1 billion) deal was awarded by the authorities in Ontario to a joint-venture called the 407 East Development Group General Partnership and is a partnership between Spanish firm Cintra (a subsidiary of Ferrovial) and Canadian company SNC-Lavalin of Canada. The partnership will build, design and maintain Phase 1 of the new Highway 407 East. The construction work is
    Read More
  • Russia to become the world’s largest infrastructure market?
    February 20, 2012
    Russia should be one of the largest and most dynamic infrastructure markets in the world over the next 15 years, and now "the time is right to begin a major push." Patrick Smith reports
    Read More
  • New US$200 million ring road to be built in Belarus capital Minsk
    May 23, 2014
    Minsk is to benefit from a new ring road that will cut city congestion - Eugene Gerden reports The government of Belarus is investing more than US$200 million in the building of a new ring road around the country’s capital Minsk, in accordance with a government decree. Implementation of the project is taking place as part of the existing large-scale state road building programme in the country until 2017, with the total cost estimated at US$5 billion. The new road will measure some 85km long and will feat
    Read More

Highlighted Content