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

  • Energy Saving Roads - The Future Way of Sustainable Infrastructure
    April 23, 2019
    A workshop into environmentally-friendly road construction was held in Denmark - report from Mikkel Bruun, Bruun Communication Recent advances in road construction have included the development of climate asphalt, which reduces rolling resistance and saves CO2. But what is it and how does it affect the production and use of asphalt pavements? And what are the socio-economic implications? The ROSE project that just ended with a workshop in Copenhagen might hold the answers. The rule of thumb is that lo
    Read More
  • Vietnam’s transport gain from major road project
    November 15, 2017
    Vietnam’s North-South Expressway project will boost transport for both goods and passengers. This is the finding of a report from Vietnam's Transport Ministry. According to the report, demand to move goods along the route will climb to 62.3 million tonnes/year by 2020. Meanwhile the report says that the route will handle up to 45.4 million passengers/year by 2020. Because of its importance to the Vietnamese economy, the Ministry of Transport is highlighting that the country cannot allow the project to suff
    Read More
  • UN highlights safety pandemic on roads
    November 23, 2015
    Jean Todt, special envoy of UN secretary general on the challenge of road safety Jean Todt, president of, Fédération Internationale de l'Automobile (FIA) and special envoy of the UN secretary general on road safety spoke about the next steps in tackling the plague of road accidents. “Every year, on the world's roads, almost 1.3 million people die. According to the WHO (World Health Organization), road traffic crashes are now the eighth leading cause of death globally, and the leading cause of death am
    Read More
  • Irregularities found in Puerto Rico airport runway project
    July 31, 2015
    According to a report from Autoridad de los Puertos (AP), the state-owned company responsible for ports and airports in Puerto Rico, the companies hired to repave the runway at the Rafael Hernandez airport, in Aguadilla, have committed alleged irregularities and possible fraud. The two companies, Robles Asphalt and BTB Asphalt, have already been fined US$3.6 million for failures by the Federal Court which to be paid within a five-year period.
    Read More

Highlighted Content