Skip to main content

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

  • Foreign investors eye expansion into Russian road-building industry
    March 18, 2016
    The Russian road sector looks set for international investment - Eugene Gerden writes Amid the ongoing recovery of the Russian economy from the effect of Western sanctions, foreign investors are considering accelerating their activities in the Russian road building industry. In recent months the establishment of joint ventures with local road building companies has become no longer as profitable for foreign investors as it was in the past. As a result the majority of foreign investors are considering
  • €150.22bn to implement Moscow’s 2020 transport strategy
    July 30, 2013
    Russia: On transport development strategy for Moscow region until 2020. The new Moscow region transport strategy until 2020 aims to develop and popularise public transport, strengthen connections between districts via transverse highways, optimise cargo traffic, and increase safety. The strategy, devised by the Research and Design Institute of Moscow City Master Plan (NIiPI Genplan) after a request by the Moscow Transport Hub's Directorate, if successfully implemented is predicted to see an increase in annu
  • Russia plans major infrastructure investment
    May 4, 2012
    The Russian highway authorities intend to invest a massive €16.78 billion (US$24.23 billion) in road construction and repairs during 2011. This investment will come from federal and regional budgets and represents a 40% increase over spending made in 2010. The plans involve repairs to 5,500km of road surface at a cost of €2.11 billion ($3.046 billion).
  • Highway developments to boost east-west transport
    February 16, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports