Skip to main content

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

  • Uruguay’s transport investment is seeing major gains
    August 1, 2017
    Uruguay’s road development programme will help deliver economic growth for the future - Gordon Feller reports. Uruguay is embarking on a new nationwide programme to rehabilitate 890km of roads, and the government intends to improve an additional 260km of dangerous highways and roads. This three-year programme aims to reduce traffic accidents, in part thanks to a US$70 million loan recently authorised by the World Bank’s board of directors. The new operation uses a special financing instrument known as “Prog
  • Tanzania delivers road construction boost
    November 2, 2012
    Plans to upgrade two major roads in Tanzania will bring huge benefits to the East African nation. Shem Oirere reports Tanzania’s bid to retain or improve its position as East Africa’s second largest economy is gaining momentum as the government moves to support the achieved growth and contribute more to ongoing regional economic integration through the improvement of its transport infrastructure. The country received a major boost in April, 2012, when the African Development Bank (AfDB), one of Tanzania lea
  • Tender cancelled for fifth section of Moscow’s central ring road
    December 15, 2014
    Russia’s Federal Antimonopoly Service has cancelled the results of a tender for construction and maintenance of the fifth section of the central ring road in the Moscow. The FAS made the announcement following an investigation based on a complaint from Stroygazconsulting, one of Russia’s largest infrastructure construction companies. The 23-year contract was awarded to the Koltsevaya Magistral. Stroygazconsulting complained that the bids for the contract, worth nearly US$752 million, were not evaluate
  • Germany’s crumbling roads costing billions
    April 21, 2025
    Germany’s crumbling roads are costing billions to repair.