Skip to main content

West Russia to benefit from more than €2bn investment in road upgrades

Road construction and renovation works worth more than €2billion combined are earmarked for three different areas of west Russia. Highways construction and renovation projects valued at €347.2 million (RUB 15.19 billion) will be carried out in Moscow’s new southwest territories under the Russian capital's targeted investment programme. During the works, some 12.8km of roads will be built in 2014, 8.7km in 2015, 19km in 2016, and 19.9km in 2017. Elsewhere, the Krasnodar region plans to allocate over €1
October 31, 2013 Read time: 1 min
Road construction and renovation works worth more than €2billion combined are earmarked for three different areas of west Russia.

Highways construction and renovation projects valued at €347.2 million (RUB 15.19 billion) will be carried out in Moscow’s new southwest territories under the Russian capital's targeted investment programme. During the works, some 12.8km of roads will be built in 2014, 8.7km in 2015, 19km in 2016, and 19.9km in 2017.

Elsewhere, the Krasnodar region plans to allocate over €1.48 billion (RUB 65 billion) for road repair and construction in the next three years.

Finally, road construction projects in Samara (Volga) are to receive €421.38 million (RUB 18.5 billion) in 2013. Over 700km of roads are due to be built or repaired over the course of this year.

Related Content

  • Mota-Engil wins Cardel-Poza Rica motorway contract in Mexico
    June 13, 2014
    Mexico's Secretarat of Communications of Transport (SCT) has awarded the contract to build the Cardel-Poza Rica motorway to Portuguese company Mota-Engil. The proposal made by the company, together with PRODI, of US$266.48 million (MXN 3.47 billion), was deemed the most feasible technically and financially. The offer was below the $307.53 million (MXN 4 billion) estimated for the project in the National Infrastructure Plan (PNI). The road will be located in Veracruz, spanning 129km between Laguna Verde and
  • Engine builder Deutz bullish
    June 19, 2012
    Engine manufacturer DEUTZ claims record results for its latest financial year. The firm says that the 2011 financial year was one of the best in its history even though the global economy deteriorated, particularly in the second half of the year. The firm beat the forecast that it had made at the start of 2011 and revised upwards during the course of the year. Revenue rose by 28.6% to €1.53 billion, compared with €1.12 billion in the previous year. This set a new revenue record for the current corporate str
  • The Australian Government has set a massive budget for infrastructure investment, including major spending on roads
    May 17, 2013
    The Australian Government is announcing plans to invest A$24 billion (US$23.73 billion) in transport infrastructure across the country. This will form the second part of the country’s five-year Nation Building Plan (NBP). The investment will be used to improve roads, railways and ports between 2014/2015 and 2018/2019. One stage of the NBP will involve spending A$525 million to upgrade and widen the M80 Ring Road in New South Wales (NSW) in a project that will include installing the latest traffic management
  • China's major highway investment
    March 5, 2012
    China's Shandong and Tianjing Provinces plan to boost transport links with major investment programmes in hand.