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

  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • US$1.4bn transport package for Fairfax County, Virginia, US
    February 3, 2014
    In the United States, a US$1.4 billion transport package has been approved by the Fairfax County Board of Supervisors for funding highway interchanges, wider roads and new sidewalks in the Virginia state county. Of the total funding, $1.2 billion will come from the state transport law while the rest will be gathered from the county tax revenue and other sources. The Fairfax Transport Department has put close to 230 projects on a priority list.
    Read More
  • Firms urged to change Qatar infrastructure contract tender approach
    July 16, 2012
    Foreign companies aiming to deliver lucrative infrastructure projects in Qatar will need to reconsider their tender process approach, according to experts assembled at the MEED Qatar Infrastructure Projects conference in London. Participating speakers said international contractors need to be more strategic about their business development practices in the Gulf state and act more transparently during the bid phase to improve tender conversion rates.
    Read More
  • The European Road Infrastructure Congress 2016: innovative thinking
    October 18, 2016
    ERIC 2016, the first European Road Infrastructure Congress, has called on the region’s governments to come together and work more imaginatively with the private sector to bring about a safer and more effective highway network. Speaking at the congress’ opening ceremony, FIA president Jean Todt said that if the EU is serious about improving its road safety record, it is essential to develop a high quality highway infrastructure as quickly as possible. Todt (who is also the United Nations special envoy
    Read More

Highlighted Content