Volgograd authorities to allot over US$231 million for roads in 2013
The Volgograd region (South) authorities will allot over US$231 million (RUB 7bn) for roads in 2013. A total of $82.64 million will be provided for construction, about $92.56 million for repairing and maintaining regional road facilities.
January 23, 2013
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The Volgograd region (South) authorities will allot over US$231 million (RUB 7bn) for roads in 2013. A total of $82.64 million will be provided for construction, about $92.56 million for repairing and maintaining regional road facilities.
The Slovak Finance Ministry has confirmed that it has earmarked two projects for which it will apply to the EU for funds from the newly created European Fund for Strategic Investment (EFSI).
European Commission President Jean-Claude Juncker recently announced the creation of the US$26.2 billion EFSI fund as part of EC's $388 billion three-year investment plan to boost Europe's struggling economy.
The two projects for which Slovakia plans to apply for funds from EFSI are the completion of the construct
A total of US$6.27billion is to be spent on 82 highway schemes in Pakistan. In addition to the schemes, set to be implemented by the National Highway Authority (NHA), a further 14 projects worth $1.03billion are also in the pipeline. Over the next five to seven years, the NHA’s National Trade Corridor (NTC) programme plans to lower transport cost, road fatalities and travelling time.
The authorities in Russia’s Urals region are approving a programme that will see major investment in infrastructure. Some US$3.91 billion will be invested in roads as well as communications, and information technologies between the present and 2020. The transport plans will see 225.4km of roads being rebuilt and improved as well as works to repair and maintain 27 bridges.
