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

  • Germany boosts transportation infrastructure spending for 2017
    December 19, 2016
    Germany has boosted its transportation infrastructure spending for 2017. The biggest slice of the budget - 42% - goes to the labour and social welfare ministry, followed by the military which gets just over 11% of the money, €36 billion, up €2.7 billion. The total budget of the German Ministry of Transport and Digital Infrastructure amounts to €26.8 billion, up 9.2% or €2.2billion from this year. Of this €26.8 billion, €13.7 billion will be invested in infrastructure. This will grow in 2018 to €14.4 b
    Read More
  • Run on Russian Rouble won’t reduce infrastructure investment
    January 20, 2015
    The Moscow Construction Department has announced that the country’s financial issues will not halt current construction projects in the capital. Some US$1.23 billion will be spent on the development of roads in Moscow during 2015. The funds will be spent on building 83km of roads, 23 engineering structures, and 20 cross walks.
    Read More
  • ERF aims to boost the voice of road infrastructure in EU research policy
    July 1, 2013
    As of 1 January 2014, the European Union's (EU's) next Multi-Annual Financial Framework for the period 2014–2020 will come into effect. One of the key components of this European strategy aimed at boosting competitiveness and increasing Europe’s innovation potential is the EU’s Strategic Framework for Research and Development called ‘Horizon 2020’. Recognising that without research and development, Europe cannot maintain the industrial leadership it currently holds in many areas, European leaders look set t
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More

Highlighted Content