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

  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
  • New US toll road regulation criticised
    April 10, 2012
    High road toll increases bring threat of new regulation in US - *Bob Poole reports. Large toll rate increases have been implemented recently by the Port Authority of New York and New Jersey, justified in part to help pay for its World Trade Center project. In response, a bill was introduced in Congress that would allow the Secretary of Transportation to regulate tolls on every bridge on the country's Interstates and other federally aided highways.
  • Key infrastructure projects planned for Peru
    October 26, 2012
    The authorities in Peru are planning a series of key infrastructure projects that will boost connectivity and communications in the country. Contracts are being prepared for tender with the Ministry of Transport and Communications (MTC) setting a budget of some US$15.55 billion in all. The work will be carried out over several years and includes the construction of 600 new bridges. The MTC has said it also wants to increase the percentage of asphalt surfaced roads in the country’s network from the 52% recorded in a 2011 survey to some 85%.
  • Russian transport budget established
    July 27, 2015
    Russia is setting out its budget plans for transport infrastructure investment. In all a healthy US$43.92 billion is being planned for transport infrastructure development in Russia during the 2016-2018 period. This will be used to maintain and repair existing routes as well as to develop new links. Road projects figure highly in the spending although investments will also be made into rail and air transportation.