Skip to main content

Russia’s flood-hit Tyva republic left with big motorway and bridge repair bill

Fifteen bridges were destroyed and 144.7km of motorway damaged during the May 2014 floods in the Russian republic of Tyva, contributing to what authorities say is an infrastructure repair bill of €15.83 million (RUB 748.27 million. The Russian government is considering subsidies to the region worth €16.25 million in the short term. This will go towards meeting all types of flood damage costs. Meanwhile, the road fund for Russia’s Nizhny Novgorod region is to receive €177.99 million (RUB 8.4 billion) in 201
June 23, 2014 Read time: 1 min
Fifteen bridges were destroyed and 144.7km of motorway damaged during the May 2014 floods in the Russian republic of Tyva, contributing to what authorities say is an infrastructure repair bill of €15.83 million (RUB 748.27 million. The Russian government is considering subsidies to the region worth €16.25 million in the short term. This will go towards meeting all types of flood damage costs.

Meanwhile, the road fund for Russia’s Nizhny Novgorod region is to receive €177.99 million (RUB 8.4 billion) in 2014 - around 11.3% less than in 2013.

Related Content

  • Russia’s major new highway project
    July 29, 2021
    The cost of Russia’s major new highway project has been announced
  • Sochi, Russia gets 260km of new roads for 2014 Winter Olympics
    May 23, 2013
    The Russian city of Sochi is gaining 260km of roads as part of a US$47.75 billion (RUB 1.5tn) investment in preparations for the 2014 Winter Olympics. Some $20.05 billion (RUB 627bn) has been allotted for transport – including the new Sochi roads. As a result of the new roads, the city’s traffic capacity will rise 1.8-2.5 times, while traffic speed will go up 25%. Of the overall Winter Olympics preparation budget, $7 billion (RUB 219bn) is being spent on Olympic facilities, while the rest has been provided
  • Vietnam’s Ho Chi Minh City needs over US$600mn for roads in 2014, claims city’s DOT
    February 11, 2014
    More than US$617 million (VND 13 trillion) will be required by Vietnam's Ho Chi Minh City for road construction and repairs in 2014, according to a national newspaper quoting the city's Department of Transport. Ho Chi Minh City needs the money to fulfil plans to construct 10 new bridges and 45km of road covering 397,000m². Of the total funding demand, $108.27 million (VND 2.3 trillion) will be official development assistance (ODA) loans, while $329.54 million (VND 7 trillion) will come from Ho Chi Minh Cit
  • 2,000km of ‘New’ Moscow motorways may be built and repaired
    May 21, 2014
    The Department for Development of New Moscow Territories says around 2,000km of motorways may be built and renovated in 'New' Moscow as part of a US$28.75 billion (RUB 1 trillion) investment in developing road transport infrastructure in the enlarged city to 2035. Construction of 476.8km and renovation of a further 381.7km of motorway has already been approved.