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

  • Chinese investors eye Brazilian work, including federal highway BR-153
    January 14, 2016
    Chinese investors are reported to be negotiating a contract to work on a section of federal highway BR-153 that goes from Anapolis in the Brazilian state of Goias to Palmas,n in Tocantins. The road is part of the Transbrasiliana Highway. The section was originally awarded to Brazilian construction firm Galvao Engenharia in September 2014, but the company never started expansion works.
    Read More
  • Institutional investor demand for private infrastructure set to flourish, says Altius Associates
    April 30, 2013
    Altius Associates (Altius) has tipped institutional investor allocations to private infrastructure funds to grow dramatically over the next decade, either as a stand-alone asset class or as part of a broader real assets allocation. In a new report entitled ‘Infrastructure as part of a global investment portfolio’, Altius states that institutional investors currently have less than 1% allocated to infrastructure, including transport-related infrastructure projects, but it expects this figure to increase to
    Read More
  • Alleviating Moscow's ring road congestion
    February 20, 2012
    The US$10.5 billion CKAD (Moscow Region Ring Road), being planned and procured under the direction of the Ministry of Transport of Russia, is just one of the roads highlighted at the Moscow Forum.
    Read More
  • IDB, iRAP extend Latin America-Caribbean work
    February 25, 2025
    The five-year deal was signed during the Ten Steps to 2030 for Safer Road Infrastructure Side Event at the recent 4th Global Ministerial Conference on Road Safety underway in Marrakech, Morrocco.
    Read More

Highlighted Content