Skip to main content

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

  • Colas wins key UK road contract
    January 6, 2022
    Colas has won a key UK road contract.
  • Cambodian road rebuilding work planned
    October 15, 2019
    Cambodia is planning to develop the road network around its key port of Sihanoukville.
  • Ethiopia road contract awarded
    March 4, 2016
    Work on a major road project now looks set to commence shortly in Ethiopia. The US$221.7 million project will be carried out by a joint venture comprising Indian contractor IL&FS Transportation Networks (IL&FS) and its fully-owned Spanish arm Elsamex. The new highway is for an 84.56km route connecting Agamsa-Bure as well as an 86.1km stretch from Nekempte-Anger Gutin-Andhode. Financing for the work is being supplied by the World Bank and the work is expected to take eight years to complete. IL&FS won the pa
  • Liebherr achieves record turnover in 2012
    April 10, 2013
    The Liebherr Group achieved its highest turnover in its history in 2012. Turnover climbed over than 9% to €9.1 billion, while the company invested a total of €840 million in its operations. The 2012 business year progressed well for the Liebherr Group. Although the reduced dynamism of the world economy had a noticeable effect on orders received in the final months of the year, this no longer influenced turnover significantly. The Group increased its total turnover in the past business year by more than €760