Rostov to invest in south region roads

The Rostov region will have invested nearly US$361 million in its southern road networks this year. Around $220 million will be spent on regional roads, including $84 million on construction and renovation, $57 million on maintenance, $43 million in repairs and $25 million on overhaul. Municipalities will receive subsidies totaling $134 million, including nearly $86 million for construction, renovation and overhaul of intra-city, intra-village and inter-village roads and pedestrian ways. Around $25 mi
October 31, 2014 Read time: 1 min
The Rostov region will have invested nearly US$361 million in its southern road networks this year.

Around $220 million will be spent on regional roads, including $84 million on construction and renovation, $57 million on maintenance, $43 million in repairs and $25 million on overhaul.

Municipalities will receive subsidies totaling $134 million, including nearly $86 million for construction, renovation and overhaul of intra-city, intra-village and inter-village roads and pedestrian ways. Around $25 million has been set aside for repair and maintenance of regional roads.

The region will have renovated about 350km of motorways this year.

Related Content

  • Slovakia to tap into the European Fund for Strategic Investment
    December 4, 2014
    The Slovak Finance Ministry has confirmed that it has earmarked two projects for which it will apply to the EU for funds from the newly created European Fund for Strategic Investment (EFSI). European Commission President Jean-Claude Juncker recently announced the creation of the US$26.2 billion EFSI fund as part of EC's $388 billion three-year investment plan to boost Europe's struggling economy. The two projects for which Slovakia plans to apply for funds from EFSI are the completion of the construct
    Read More
  • Bids in for Estonia’s Pärnu to Uulu road
    May 31, 2022
    Six companies are bidding for a key road project in Estonia: Verston, Nordecon, GRK, TREV-2, KMG and TREF Nord.
    Read More
  • New study suggests Fehmarn Belt payback close to 50 years
    October 9, 2015
    A study by Danish consultant Hans Schjær-Jacobsen has shown that the payback period for the proposed Fehmarn Belt Fixed Link tunnel project between Denmark and Germany will be close to 50 years. This is a decade longer than estimated by the developers of the project which focusses on a 17km immersed tunnel, the study noted. The Fehmarn Belt Fixed Link will connect the German island of Fehmarn with the Danish island of Lolland. The 17km tunnel, including two railway tunnels, two motorway tunnels and an
    Read More
  • UK’s Annual Local Authority Road Maintenance – ALARM – survey
    June 16, 2017
    Within years, one in six UK local roads will need repairs or face closure, according to the latest Annual Local Authority Road Maintenance – ALARM – survey. The cumulative effect of an ageing network, decades of underfunding, increased traffic and wetter winters has led to around 17% of all UK local roads reportedly in poor structural condition, with less than five years of life remaining. The 22nd annual ALARM survey is a comprehensive study into local road maintenance funding and conditions. Local authori
    Read More

Highlighted Content