Russia is investing heavily in boosting regional road infrastructure

The authorities in Russia’s Astrakhan Region intend to boost road investment in 2013. Over US$289 million is being budgeted for road repair and construction during 2013. This represents a three-fold increase over the sum spend on road repair and construction in the Astrakhan Region during 2012. The priority project is for construction of the new Astrakhan-Makhachkala road, which is financed by Russia’s Federal budget.
October 31, 2012 Read time: 1 min
The authorities in Russia’s Astrakhan Region intend to boost road investment in 2013. Over US$289 million is being budgeted for road repair and construction during 2013. This represents a three-fold increase over the sum spend on road repair and construction in the Astrakhan Region during 2012. The priority project is for construction of the new Astrakhan-Makhachkala road, which is financed by Russia’s Federal budget.

Related Content

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Azerbaijan’s road development programme
    April 27, 2020
    Azerbaijan’s road development programme is expanding the network.
    Read More
  • Russia one of Europe “growth engines” for construction equipment
    June 4, 2013
    Russia is one of the “growth engines” for the European construction equipment industry, says Ralf Wezel, secretary general of CECE, the European Construction Equipment Association. According to the CECE, one out of three tower cranes produced and sold in Europe are currently going to Russia. The Association says that Russian governmental and private projects in the oil and gas industry and in the infrastructure and housing sectors are stimulating demand, with building hoists, truck mixers, concrete batching
    Read More
  • Russian road development and repairs planned
    May 26, 2020
    Road development and repairs are planned for Russia’s Yaroslavl Region.
    Read More

Highlighted Content