Extra US$1.56bn for Russia World Cup 2018 host regions’ roads and airports

The Russian government is allocating an extra US$1.56 billion (RUB 51bn) for the construction of new airports and roads in FIFA World Cup 2018 host regions. The Russian transport system development programme for 2010-2020 is reported to have been amended accordingly. Of the overall new funding pot, $936.34 million (RUB 30.7bn) will be spent on road construction. The government is looking to attract private investors to contribute to the new road and airport works through public-private partnerships.
December 13, 2013 Read time: 1 min
The Russian government is allocating an extra US$1.56 billion (RUB 51bn) for the construction of new airports and roads in 2623 Fifa 1556 World Cup 2018 host regions. The Russian transport system development programme for 2010-2020 is reported to have been amended accordingly. Of the overall new funding pot, $936.34 million (RUB 30.7bn) will be spent on road construction. The government is looking to attract private investors to contribute to the new road and airport works through public-private partnerships.
Road Structures

For more information on companies in this article

Related Content

  • Brazil’s slow urban mobility progress
    February 20, 2014
    Less than 20% of the announced urban mobility projects in Brazil have their work under way or have been concluded. The low volume is said to highlight the difficulty of the public sector providing rapid responses to the country's infrastructure needs. The latest report on the PAC 2 accelerated growth programme shows that just 47 of the 229 projects with federal investment have some work in progress, with only seven of the projects having been inaugurated, with the rest still in tender phases or having feas
    Read More
  • Major shift needed for micro-mobility
    September 18, 2020
    Consultancy Ramboll is calling for clear and standardised micro-mobility KPIs
    Read More
  • Private owners seek a buyer for the UK’s only toll road, M6 Toll
    February 15, 2016
    Britain’s only toll road, the motorway M6 Toll, is up for sale by its owners, a consortium of banks that hope to recover some of the €2.45 billion of debt. The 27 owners of M6 Toll, including Crédit Agricole, Commerzbank and Banco Espirito Santo, took over the 43km pay-as-you-go toll road from infrastructure group Macquarie in December 2013 after a debt restructuring. Midland Expressway Limited (MEL), part of Macquarie Atlas Roads, continues to operate the six-lane motorway around the English city of
    Read More
  • ARTBA forecasts moderate growth in US for 2014
    November 28, 2013
    The American Road & Transportation Builders Association (ARTBA) ARTBA is forecasting moderate growth in 2014 for the US transportation infrastructure market. According to ARTBA, the overall US transportation infrastructure construction market will grow five percent from US$129 billion this year to $135.8 billion in 2014. ARTBA’s chief economist, Dr Alison Premo Black, said the market would be led by expected double-digit growth in airport runway and terminal work and a 6% increase in bridge and tunnel const
    Read More

Highlighted Content