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

  • Kerch Strait Bridge project budget
    July 13, 2016
    A new budget projection has been set for Russia’s landmark Kerch Strait Bridge project. A close analysis of the various cost factors has now set the project’s pricetag at US$3.57 billion. Originally the project was expected to cost in the region of $1.5-3 billion but the challenging conditions and the tough winter climate have led to increased costs. The bridge will be 4.5km long and link Russia’s Taman Peninsula with the Crimean Peninsula.
    Read More
  • Belarus boosting transport budget
    September 22, 2014
    Belarus is boosting its transportation budget in a bid to develop its road and highway links. The country is increasing investment to US$1.06 billion during 2015, an increase of 40% from the budget for 2014. The budget will be spent on rebuilding existing highways as well as building new highway sections.
    Read More
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
    Read More
  • Russian road revamp for Volga area
    May 4, 2017
    A budget of US$400.5 million is being set for a series of road improvements in Russia’s Nizhny Novgorod region (Volga) during 2017. The funding will be directed towards repairs and maintenance for roads in the area. The programme of works calls for improvements to be carried out to 115km of roads that have been identified as being in unsatisfactory condition. In all 400,000m3 of asphalt will be used for the road upgrades. Meanwhile specific projects to be carried out include the construction of a second bri
    Read More

Highlighted Content