Russian transport budget established

Russia is setting out its budget plans for transport infrastructure investment. In all a healthy US$43.92 billion is being planned for transport infrastructure development in Russia during the 2016-2018 period. This will be used to maintain and repair existing routes as well as to develop new links. Road projects figure highly in the spending although investments will also be made into rail and air transportation.
July 27, 2015 Read time: 1 min
Russia is setting out its budget plans for transport infrastructure investment. In all a healthy US$43.92 billion is being planned for transport infrastructure development in Russia during the 2016-2018 period. This will be used to maintain and repair existing routes as well as to develop new links. Road projects figure highly in the spending although investments will also be made into rail and air transportation.
Finance & Funding

Related Content

  • India intends investing in infrastructure in future
    January 19, 2015
    The Indian Government has plans for massive investment in road and transport infrastructure. The country’s Road Transport Ministry has announced it will spend some US$ 80.65 billion in developing its road network between 2015 and 2019. Contracts for some 40,000km of road in all will be awarded during this period. The country also has a strategy of supporting private investment in transport through lower interest rates on loans for PPPs, providing partial funding from central government for local road safety
    Read More
  • Further road development works for China
    June 15, 2023
    Further road development works are being planned for China.
    Read More
  • Australia bites the bullet on roads reform
    August 2, 2012
    Predictions of impending doom for Australia's roads infrastructure have given the nation's governments and roads stakeholders the fright they needed to collaborate on roads policy. If the latest initiatives Australia is putting in place do produce the full extent of the roads reform required, there will be some lessons there for the whole world Whether through pride or stubbornness, or a combination of both, each state and territory of Australia has always liked to do things its own way. To some extent and
    Read More
  • Intermat Observatory report: road spending will dominate for 30 years
    April 23, 2018
    Road spending will dominate global infrastructure investment for the next 30 years, says a new report released at Intermat Paris 2018. According to a research project commissioned in partnership with Business France, the exhibition’s Observatory programme has revealed that €925 billion of investment is planned in Europe between now and 2050, and “the sector offering the highest development potential is roads”. Railways and buildings are the second and third biggest growth areas in Europe, the report adds.
    Read More

Highlighted Content