US$20.77bn for transport and other Russia 2018 FIFA World Cup infrastructure

Russia's government has approved a US$20.77 billion (RUB 664bn) programme for new transport and other infrastructure ahead of the 2018 FIFA World Cup. According to published documents, the federal budget will account for 50% of the total. Regional budgets and private investors will provide the rest.
June 18, 2013 Read time: 1 min
Russia's government has approved a US$20.77 billion (RUB 664bn) programme for new transport and other infrastructure ahead of the 2018 FIFA 1556 World Cup.

According to published documents, the federal budget will account for 50% of the total. Regional budgets and private investors will provide the rest.

For more information on companies in this article

Related Content

  • ARTBA sees growth for US transport construction
    December 5, 2017
    Steady growth in the US market for transport infrastructure construction in 2018. This prediction comes from a new report by the American Road & Transportation Builders Association (ARTBA). The report suggests that the US transportation infrastructure market will rebound slightly next year, following a 2.8% drop in 2017.
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More
  • Russia’s part of Europe-Western China road to cost over $11 billion
    April 27, 2016
    According to Russia’s Federal Centre of Project Financing, the cost of building the Russian part of the international route Europe-Western China may exceed US$11.74 billion. Its length will total 2,192km and construction will last about four years. Chinese companies are named among the most promising investors.
    Read More

Highlighted Content