The authorities in the Russian city of St Petersburg plan to invest heavily in transport infrastructure. A budget of US$59.24 billion in all has been projected for the necessary work. Final approval has to be given for the budget at this stage.
June 13, 2012
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The authorities in the Russian city of St Petersburg plan to invest heavily in transport infrastructure. A budget of US$59.24 billion in all has been projected for the necessary work. Final approval has to be given for the budget at this stage.
IRF's Washington Programme Centre provides an update on some latest developments in the 2010 Budget plan There has been further recent action from both Congress and the White House on budget plans that will guide the Transportation Reauthorization Bill for the next six years. On 7 May, President Obama proposed large increases for rail and highways in his 2010 Budget plan, including the largest amount of funding that any President has sought for Amtrak, or for the development of high-speed rail in the United
Two major transport infrastructure projects in Vietnam with a combined value of more than US$2billion are a step closer to completion. A tender to appoint a contractor for the US$1.47billion Danang-Quang Ngai highway development has been published by Vietnam Expressway Corp (VEC).
A series of new road projects are planned in Ethiopia. One key link will be for capital Addis Ababa. The city authorities are planning work on the road connecting the Inter-city bus terminal with the Lideta Church as well as on the road between St George Church and 18 Mazoria. The work will commence in October 2013 and will take a year to complete. The Road Fund and city authorities will require a budget of some US$397 million to build up to 113km of roads with asphalt surfaces in the 2013/2014 period.
