Skip to main content

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.

Related Content

  • US highway bill will create “much-needed growth engine,” says AEM president
    March 19, 2012
    A leading American manufacturing association figure claims Congress approval of the highway bill would create a “much-needed growth engine” for US jobs, infrastructure, and national and global domestic company trade.
  • New crossing planned for Kerch Strait
    June 10, 2014
    Plans for a new crossing for the Kerch Strait are now moving forward. The Russian roads company Avtodor is in charge of the project, which calls for the building of both road and rail connections. As series of options are being considered and in all the work is expected to cost in the region of US$8.2-$10.9 billion. There are eight options being investigated at present, with five looking at bridges to carry both road and rail and a further three for combined connections with bridges for the roads and tunnel
  • Revamp for Russian route connecting to Crimea crossing
    October 19, 2018
    A major road revamp project is being planned in Russia. The approach routes to the new bridge connecting with Crimea will be improved, boosting capacity, safety and traffic flow. The project will run as part of a series of transport upgrades in the Krasnodar Region, running until 2024 and worth a total of US$1.3 billion. A 136km stretch of the 150km stretch of highway between Krasnodar and Temryuk will be improved, in a bid to meet the anticipated jump in traffic from around 10,000-20,000 vehicles/day at
  • China plans important construction machinery show in Changsa for May 2019
    January 8, 2019
    An important construction machinery exhibition for the global equipment market is being planned for the Chinese city of Changsha in May 2019.