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

  • Planning the world's rural transport systems
    February 8, 2012
    China Hosts Major International Convention on Rural Roads. Given the crucial importance of rural roads in the global development context, IRF is according the issue priority focus this year by co-hosting its 2nd International Convention on Rural Roads. This will be convened in Jinan City, Shandong, China, from 26-29 October 2010, in association with the global Transport Knowledge Partnership (gTKP) and the China Highway and Transportation Society (CHTS). Following the landmark success of the inaugural IRF g
    Read More
  • New report highlights investment potential in US
    February 28, 2012
    A new report from international consultancy EC Harris says that highway investors consider developed nations to provide the best economic benefits at present.
    Read More
  • Poland: €7.57bn road budget call
    February 20, 2012
    The Polish highway authorities are calling for a road budget of e7.57 billion for 2011, and while this will have to be approved by the government, it is some e1.56 billion lower than originally planned.
    Read More
  • Italy’s construction market is growing
    November 18, 2019
    Investments in the construction sector continue to grow, driven by the resumption of public works.
    Read More

Highlighted Content