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

  • Mountain View Partners to start on Calgary’s Southwest Ring Road
    July 19, 2016
    Preliminary utilities work is set to begin in September on the last section a ring road around the Canadian city of Calgary. The Calgary Herald newspaper quoted the Alberta provincial infrastructure and transportation minister Brian Mason saying that the project is on schedule. He said “everything is going as planned … It’s important that we keep on top of this and it’s important that we keep it moving forward and so far we’re doing just that.” The public-private-partnership project for the southwest
    Read More
  • Plenary sessions to serve key role at 17th IRF World Meeting in Riyadh
    June 24, 2013
    Plenary sessions will set the stage for and are at the core of activities for the 17th IRF World Meeting & Exhibition. The opening session will celebrate the host country of Saudi Arabia, as well as the IRF’s first 65 years, including the federation’s many accomplishments throughout the decades and its commitment to professional training, education, road safety and the sharing of information and knowledge. This session will also remind those in attendance about the powerful links between a strong and stable
    Read More
  • World Meeting Outreach Committee Chair makes the case for a wide engagement in the buildup to the 17th IRF World Meeting
    June 18, 2012
    Held every four years since 1952, IRF World Meetings have always offered the international road community a rare opportunity to present what they do best and discuss what they could do better. As he prepares to take on the role of chairman of the Outreach Committee, Jean-Claude Roffé, a senior manager at Colas, notes “there isn’t a single recipe for successful World Meetings, but collective experience gained over the last half-century provides guidance in at least three areas:” Local support, global succes
    Read More
  • Nepal setting plans for major new highway project
    September 19, 2014
    The Nepalese Government is opening up an expression of interest process that will generate a shortlist to carry out the Kathmandhu-Terai/Madhes Fast Track Road project. The new Kathmandhu-Nijgadh expressway will run for 76km and its construction will involve building a twin tube tunnel 1.35km long and eight bridges. The project will be carried out under the PPP model and construction costs are likely to be in the region of US$844 million. Nepal may well look to neighbouring China for at least a portion of t
    Read More

Highlighted Content