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

  • New report lays out concrete steps toward safer roads
    July 31, 2023
    Countries can reduce deaths and injuries from road traffic crashes by flipping the traditional mobility hierarchy and adopting the Safe System approach. That is the finding of a new report from the Sustainable Mobility for All Initiative (SuM4All) presented at a press event of the ITF Summit held in Leipzig.
    Read More
  • Salini Impregilo morphs into Webuild
    May 19, 2020
    The name of a major player on the international construction scene has changed.
    Read More
  • Australia: Victoria government starts expansion of Monash Freeway
    September 21, 2016
    The state government of Victoria has started expansion work on the 34km Monash Freeway in the city of Melbourne. The US$302 million project involves construction of 30km of lanes between the Clyde Road and the EastLink with a finish date of 2018. Premier Daniel Andrews recently toured the expansion headquarters, saying the project would ease congestion for the 200,000 motorists who use the road daily. The first round of works involves strengthening the shoulders so they can be used by motorists while
    Read More
  • A key section of highway is now open in Romania
    July 26, 2012
    In Romania the northern section of the bypass around the city of Constanta is open to traffic. The bypass forms part of the Pan-European Road Corridor IV and work on this section was financed by the European Bank for reconstruction and Development (EBRD). The southern stretch of the 23km bypass was completed in 2011. Now it is complete, the bypass will carry heavy port traffic away from Constanta. It will also provide a free-flowing route for tourist traffic from Romanian capital Bucharest and the north of
    Read More

Highlighted Content