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

  • Vietnam ponders PPP for Ring Road 4 work in Ho Chi Minh City area
    April 24, 2019
    A 36km segment of 197km Ring Road 4 project in the Long An Province could cost as much as US$300 million, according to a prefeasibility study. The segment runs from Ben Luc rural district to Hiep Phuoc Port in the Ho Chi Minh urban area, as noted in the study prepared by Cuu Long Corporation. The government is considering offering the work as a public-private partnership. The road would feature 10 bridges and an overpass at an intersection with National Highway 1. If approved, work could start i
    Read More
  • Poland announces €534 million Bridges for Regions programme
    May 30, 2018
    A bridge on the San River near Jarosław will be the first of 22 to be constructed under the Polish government’s Bridges for Regions programme. Central government will fund around 80% or the programme that is expected to cost about €534 million, said Mateusz Morawiecki, the prime minister. The rest will be contributed by local governments, with some of the money coming from a local roads fund to be set up in the autumn. The fund will also provide financing for the modernisation of existing bridge crossings,
    Read More
  • Materials shortage & supply chain issues frustrate strong 2022 German construction equipment demand
    February 18, 2022
    Materials shortage and supply chain issues are tempering strong German construction equipment demand in early 2022, according to the VDMA.
    Read More
  • Senior ADB figure urges governments to act on sustainable transport
    September 27, 2013
    Multilateral development banks (MDB) are determined to do all they can to encourage governments of developing countries meet key sustainable transport targets, according to a senior figure at one of the world’s biggest MDB’s. Guy Woodford reports Tyrrell Duncan, Asian Development Bank’s (ADB) director of Transport and Communications Division, East Asia has been at the forefront of MDB efforts to enhance sustainable transport and road safety in developing countries. Speaking during a break in talks at the In
    Read More

Highlighted Content