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

  • €180 million for Bosnia highway
    July 6, 2012
    The EBRD is investing in the largest infrastructure project in Bosnia-Herzegovina (BiH) to date by lending €180 million to the state to construct key sections of the Trans-European Corridor Vc. A key transport artery linking BiH with the rest of Europe, Corridor Vc starts in Budapest, Hungary and ends in the Adriatic Port of Ploce in Croatia. It runs north to south through the centre of BiH, and is the most strategically important link for regional trade and economic development. The €180 million EBRD finan
    Read More
  • Japan gives $3mn for iron bridges in Papua
    January 6, 2023
    Justin Tkatchenko, foreign affairs minister of Papua New Guinea, said the bridges will allow local populations in remote areas to more easily access health care.
    Read More
  • Thai government prioritises five new roads worth US$9.27 billion by 2020
    April 24, 2013
    The Thai government has prioritised the construction of five roads worth US$9.27 billion (THB 267bn) and totalling 705km in length by 2020. Chula Sukmanop, director general for Thailand’s Office of Transport and Traffic Policy and Planning, said that three of the new roads will be financed by a loan secured by the government. The new highways being built include Bang Pa-in-Nakhon Sawan Road at a cost of $1.293 billion (THB 37.3bn) and Nakhon Pathom-Cha-am Road at a cost of $1.529 billion (THB 44.10bn). The
    Read More
  • Date set to complete D1 Višňové Tunnel section
    July 20, 2023
    The D1 section between Lietavská Lúčka and Dubná Skala in Slovakia includes the partially completed 7.5km twin-tube Višňové Tunnel - to be the country's longest.
    Read More

Highlighted Content