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

  • Kenyan Government to undertake US$4.82bn MRTS project in Nairobi
    April 20, 2012
    The Kenyan Government is planning to invest US$4.82 billion in a major multi-modal infrastructure project to reduce Nairobi’s traffic congestion. The Nairobi Metropolitan Mass Rapid Transport System (MRTS) will include a new rail transport network, and a public road of 167km linking the city with key neighbouring towns and municipalities such as Athi River, Kikuyu, Kajiado, Kitengela, Limuru, Machakos, Ruiru and Thika. The MRTS project will be managed by Nairobi Metropolitan Transport Authority and th
    Read More
  • TRL wins materials recycling research deal from Qatar
    May 20, 2014
    TRL has won a research grant package from Qatar focussing on recycled materials. The 6th Qatar National Research Fund (QNRF) Forum (14th May) has been awarded a research grant under the seventh cycle of its National Priorities Research Program (NPRP). The research will focus on the innovative use of recycled aggregates in construction, with the project commencing in autumn 2014 and lasting three years. Maximising the use of recycled and secondary aggregates is a priority to meet the demand for aggregates i
    Read More
  • Brazil: Phase 2 of PAC infrastructure programme shows results
    December 18, 2014
    Brazil has built nearly 5,200km of roads in the past four years, according to a review of the federal government's PAC Phase 2 accelerated economic growth programme. Around 1,400 of the 5,200km were built under long-term concessions and another 7,000km are under construction. Total investment has been around US$24.43 billion. PAC is a strategic investment programme that combines management initiatives and public works, according to the World Bank. The first phase, launched in 2007, saw around $349 bil
    Read More
  • New highway stretches for Russia
    May 21, 2020
    New highway stretches are being planned for Russia.
    Read More

Highlighted Content