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

  • Bridge plan for Indonesia
    May 29, 2012
    A consortium in Indonesia is being established to push ahead with the US$16.7 billion Sunda Straits Bridge project. Organisational input for the consortium is coming from Indonesia's Public Work Ministry and the group will comprise private investors, state-owned companies and regional government-owned companies in Lampung and Banten provinces. The consortium will have to be established by the end of 2010 for the programme to remain on track.
    Read More
  • RMD divisional operations director Ian Hayes on global formwork market
    May 21, 2014
    Ian Hayes, RMD Kwikform’s divisional operations director, gives an overview of the current global formwork and shoring market Over the recent past, the formwork and shoring market has been changing as the global economic recovery begins to take shape and different countries again begin to invest in key infrastructure projects. Notably there has been a shift in the Middle East, as countries like Saudi Arabia, Kuwait and Oman embark on major airport and the road infrastructure projects to support developme
    Read More
  • AEM’s 2050 Vision winner combines road and rail
    March 9, 2017
    Five finalists for the Association of Equipment Manufacturer’s (AEM’s) Infrastructure Vision 2050 Challenge fought for the winning place in a live final, held at CONEXPO-CON/AGG’s Tech Experience zone. The finalists had to pitch their ideas to three judges in one of the white Tech Experience domes.
    Read More
  • Last link in Vietnam’s North-South Expressway
    May 3, 2024
    The Chi Lang-Huu Nghi section is the last part of the 2,060km-long expressway that connects the southern Mekong Delta with the northern province of Lang Son, bordering China.
    Read More

Highlighted Content