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

  • India plans major infrastucture investment
    April 5, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt. After years of planning some projects were incomplete, there were health scares and a br
  • RDIF chief Dimitriev considers Arab partners for Moscow ring road
    October 16, 2014
    Arab partners have been secured as co-investors for construction of the third and fourth phase of Moscow’s Central Ring Road, Russia’s Interfax news agency reported. Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), made the announcement earlier this month during a meeting of the State Council's presidium in Novosibirsk, chaired by president Vladimir Putin. Dmitriev did not name the Arab partners but said they “have confirmed their desire” to invest in the third and fourth phases.
  • Papua New Guinea road rehab plan
    June 11, 2018
    The Asian Development Bank (ADB) is providing a loan facility that will help Papua New Guinea to rebuild its Highlands Highway.
  • Boost for Romania’s road spending
    December 19, 2022
    A big boost for is being seen for Romania’s road spending.