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

  • Ukraine's pivotal plans
    February 16, 2012
    The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.
    Read More
  • Bridge of international accord from Russia-China
    May 29, 2018
    A new bridge project joining China and Russia is a sign of international accord between the two nations – Mike Woof writes A new bridge spanning what China calls the Heilongjiang River and which is known as the Amur River in Russia, is a clear sign of an important international accord between the two countries. Discussions over the bridge project were first started between China and Russia in the 1980s, with both nations seeing many changes in leadership since that time. But while the political discussion
    Read More
  • Russian roads revamp
    March 16, 2012
    Plans are in hand in Russia’s capital Moscow for the rebuilding of nine highways leading out of the city. The work will be carried out by 2014 and is being funded out of the US$69.55 billion budget set for the city’s 2012-2016 transport development programme.
    Read More
  • Ireland's budgert cuts impact on road projects
    May 14, 2012
    Ireland’s government is undergoing a period of belt-tightening, with a string of budget cuts that will directly impact on the transport sector. The country was in the process of spending heavily on its infrastructure but with the tough economic climate it is now facing, a number of road projects are among those facing the axe. The Irish government is slashing its infrastructure spending from €39.6 billion to €22.9 billion between now and 2013. This looks likely to result in 40 road projects, including hig
    Read More

Highlighted Content