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

  • Dhaka Elevated Expressway section opened
    September 19, 2023
    The Italian-Thai Development Corporation entered into a US$1.062 billion contract with China Railway Construction Corporation (CRCC) for building the elevated expressway.
    Read More
  • Safety measures aid workzone accident reduction
    February 20, 2012
    Everyone connected with the highway industry is involved in the efforts to cut down the number of work zone accidents. Patrick Smith reports. A few months ago, as road work resumed on America's highways and bridges, US Transportation Secretary Ray LaHood called on drivers to use extra caution in work zones. At the same time he commended the success in reducing overall roadway fatalities in each of the last seven years.
    Read More
  • EV charging infrastructure – what’s the future?
    November 14, 2022
    Road designers, construction companies and concessionaire firms will increasingly need answers about electric vehicle charging infrastructure and a new website is there to help – EV Charging and Infrastructure, evcandi.com - follows the latest news, technology and regulations.
    Read More
  • Montreal’s new Champlain Bridge is in a race against time
    June 8, 2018
    Montreal’s US$3.24 billion Champlain Bridge across the St Lawrence River may not be open on time, according to a report by the independent Auditor General. The 3.4km cable-stayed bridge has two decks supporting three lanes of highway traffic in each direction. A third, central deck supports a mass transit system and a multi-use path. The new bridge will replace the nearby 50-year-old Champlain Bridge which has been deteriorating at an alarming rate. The government signed a contract in 2015 with a private
    Read More

Highlighted Content