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

  • Massive German road investment required
    March 5, 2025
    German is requiring a massive investment in road development.
  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
  • EIB backing Irish motorway link
    April 30, 2014
    The European Investment Bank (EIB) is providing financial backing worth €144 million for the new M17/M18 Gort-Tuam motorway project. The M17/M18 Gort to Tuam PPP Scheme is situated in the west of Ireland and will be constructed as a four lane motorway that will replace the existing N17/N18 roads. This new motorway will reduce journey times by around 20 minutes and has an overall cost estimated at €550 million. Construction work will start during this year and this is the second transport PPP to be signed un
  • Slovakia’s Cabinet to have final say on D4 Bratislava bypass
    February 9, 2016
    The government of Robert Fico has said it will decide the fate of the controversial €1 billion Bratislava bypass, the D4 motorway project, possibly ahead of a national parliamentary election next month. Fico, who also was prime minister from 2006-2010, was re-appointed after leading his Direction Social Democracy party (SMER-SD) to a landslide victory in the 2012 parliamentary election. His party won 83 seats and formed an absolute majority government, Slovakia’s first since 1989. Controversy continue