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

  • India's electric vehicle future
    March 23, 2012
    Strong potential for electric vehicles is expected in India. Existing problems of pollution and massive population growth in cities and urban areas is expected to help fuel demand for electric vehicles in the country.
    Read More
  • Belarus opts for a PPP road scheme
    August 12, 2019
    Belarus has started pre-qualification for what will be the country’s first public-private partnership – the M-10 motorway upgrade. David Arminas reports "There’s a little bit of almost everything in this project,” said Steve Gilpin, technical team leader and associate of engineers Ove Arup & Partners International. True to his word, there is. That was how Gilpin kicked off his presentation about Belarus’s planned M-10 motorway project to 180 international bankers, private investors, contractors and en
    Read More
  • Ecuador road project restarting
    May 8, 2017
    Work on a major road project in Ecuador now looks set to restart now that a financing package for the work has been determined. The Circunvalacion Norte ring road in the city of Cuenca is expected to cost US$520 million, with the plans calling for three lanes in either direction along a 6km section between Guangarucho and the Panamericana Norte motorway. The route will measure 50km in all and will be tolled, with the project now looking set to be carried out under a concession model. The project is not allo
    Read More
  • IRF launches Innovation Award for Road Transport
    February 9, 2012
    No it's not a question posed by a precocious toddler or a rather senile judge but rather the name of an exciting new international competition launched by IRF and its global Transport Knowledge Partnership (gTKP) programme. InARoad (the Innovation Award for Road Transport in Developing Countries) has been created to recognise exemplary projects that have made significant impacts on transport in developing countries as well as to reward innovative and sustainable good practices in this field.
    Read More

Highlighted Content