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

  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
    Read More
  • Leningrad governor calls for tolling on Russia’s Scandinavia highway
    May 28, 2014
    The Governor of Russia’s Leningrad region, Alexander Drozdenko, wants to renovate the M10 Scandinavia highway under the public-private partnership scheme and introduce a toll for using several of its sections. A key 872km highway connecting Russia’s two biggest cities, Moscow and St Petersburg, and continuing to the border with Finland, the Scandinavia highway brings in 20-25% of Russia's overall import. Drozdenko said that a trip from St. Petersburg to Vyborg, near Russia’s Finnish border, may cost €8.57
    Read More
  • ARTBA’s research reveals US public supports infrastructure investment
    November 15, 2012
    According to the American Road & Transportation Builders Association (ARTBA), US voters are keen to see increased spending on infrastructure. ARTBA’s analysis suggests that voters approve nearly 70% of state and local transportation ballot initiatives, which is consistent with the results of the last four US elections. ARTBA tracked 31 measures overall; five were statewide initiatives and 26 were local. The measures would increase or extend funding for highways, bridges and transit. All of the seven bond in
    Read More
  • Major road projects in Mumbai and Bihar
    July 28, 2025
    Tender processes for Mumbai construction projects to start soon
    Read More

Highlighted Content