Russian road tax plan

The Russian Government looks set to draft new laws covering funding of the road network.
March 5, 2012 Read time: 1 min
The Russian Government looks set to draft new laws covering funding of the road network. The new funding model will be set up to finance construction and maintenance of Russia's highway system and may be adopted in the March-April 2011 period, ready for the new fiscal year. The draft laws lay out a new scheme of financing, which will simplify procedures to pay for road construction. The plans specify that a percentage of excise taxes from oil and lubricants and transport will be used as a source for regional road funds. Russia's Federal Road Fund has a fixed budget of €6.33 billion (US$8.62 billion). The rest will be transferred to the fund at the expense of additional fuel excise taxes. The predicted tax being collected in 2011 is expected to reach €2.1 billion, ?2.2 billion in 2012 and €3.51 billion in 2013. The road companies Rosavtodor and Avtodor will benefit from the Federal Road Fund.

Related Content

  • Asphalt Plant innovation in the US and Eastern Europe
    May 20, 2014
    While one leading asphalt plant manufacturer is claiming a RAP production first, another is proving a big success in one part of Eastern Europe. Guy Woodford reports Astec Industries is continuing its track record for innovation by claiming it is the only asphalt plant manufacturer offering asphalt mix producers a 100% RAP [Recycled Asphalt Pavement] plant. With the addition of the Conexpo 2014 launched RAP KING plant to its product line, Astec says it is now able to offer a complete array of plants coverin
    Read More
  • Fuel taxes in more US states to fund roads
    May 3, 2017
    Four more US states are set to increase fuel taxes to support new transportation investments, According to a new report from the American Road Transport Builders Association (ARTBA). This new analysis shows little political fallout from fuel tax rises for transport development. And 91% of legislators who supported an increased fuel tax were re-elected during the next general election; while 98 % of lawmakers won their 2016 primary race. This was an examination of more than 2,500 state legislators from 16 st
    Read More
  • Strong interest in upcoming bC India show
    April 11, 2014
    The Indian construction market is bullish in the run up to the bC Indian show, being planned for December 15th to 18th, 2014. The event will be held in the India Expo Centre in Greater Noida, near capital Delhi and strong attendance is expected, especially since the country’s construction sector is seeing high demand for new equipment in response to a series of major new contracts and projects getting underway. One key investment is from the Airports Authority of India (AAI), for example, which is planning
    Read More
  • Cutting congestion and improving transportation
    March 1, 2017
    CartoConsult is now working on a project to develop technology intended to reduce traffic congestion and improve transport services. This work forms part of a £4 million Department for Transport (DfT) initiative and the mapping software technology company has been selected by Swindon Borough Council, together with IT and networking company Cisco. This will be used to deliver an alert system for traffic managers to supply information on congestion.
    Read More

Highlighted Content