Sochi, Russia gets 260km of new roads for 2014 Winter Olympics

The Russian city of Sochi is gaining 260km of roads as part of a US$47.75 billion (RUB 1.5tn) investment in preparations for the 2014 Winter Olympics. Some $20.05 billion (RUB 627bn) has been allotted for transport – including the new Sochi roads. As a result of the new roads, the city’s traffic capacity will rise 1.8-2.5 times, while traffic speed will go up 25%. Of the overall Winter Olympics preparation budget, $7 billion (RUB 219bn) is being spent on Olympic facilities, while the rest has been provided
May 23, 2013 Read time: 1 min
The Russian city of Sochi is gaining 260km of roads as part of a US$47.75 billion (RUB 1.5tn) investment in preparations for the 2014 Winter Olympics.

Some $20.05 billion (RUB 627bn) has been allotted for transport – including the new Sochi roads. As a result of the new roads, the city’s traffic capacity will rise 1.8-2.5 times, while traffic speed will go up 25%.

Of the overall Winter Olympics preparation budget, $7 billion (RUB 219bn) is being spent on Olympic facilities, while the rest has been provided for concomitant infrastructure. All the infrastructure facilities will be transferred to the city authorities after the Games.

Related Content

  • Ethiopian capital Addis Ababa’s road development
    March 1, 2018
    Ethiopia’s capital, Addis Ababa, is developing its road network with a series of projects underway. In the last six months the city authorities have pushed ahead with works to 385km of roads. Around US$231 million has been budgeted for road development work, including building new links and maintaining existing roads. At present Addis Ababa’s road network extends for a total of 5,915km, compared with 5,365km in 2014. Meanwhile 2,616km of the city’s roads are surfaced with asphalt, around 44% of the total n
    Read More
  • Waskita Karya seeks loan for Pejagan-Pemalang toll road on Java
    January 12, 2015
    Indonesian state-owned construction firm Waskita Karya will seek a bank loan of US$338 million for its work on the Pejagan-Pemalang toll project in central Java island. The project is being managed by Pejagan Pemalang Toll Road, a subsidiary of Waskita Karya. Waskita company secretary Antonius Yulianto Nugroho said the firm has enough cash resources to cover a quarter of its financial commitment on the project and is targeting bank loans to cover the other 75%. Waskita Karya plans to carry out a bond
    Read More
  • Digital cameras and VMS improve London and Scottish road safety
    March 18, 2016
    London and Scotland are using VMS and digital cameras to successfully lower road deaths. Road safety measures such as variable message signs (VMS) and digital cameras have boosted road safety in the UK capital London and also in the Scottish Highlands. And the systems need not be a drain on electricity supplies. Full matrix driver information signs from SWARCO Traffic, one of the UK’s leading traffic management technology providers, are being installed for the first time across the Transport for London (TfL
    Read More
  • Chinese investment sought for Cameroon roads
    September 19, 2024
    Chinese investment is being sought for Cameroon’s road improvements.
    Read More

Highlighted Content