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

  • Mexican road projects in hand while others face delays
    February 23, 2012
    Several key highway developments are being planned in Mexico, although project delays are now facing increasing public scrutiny.
    Read More
  • New northern relief road for Moscow
    August 20, 2015
    New Concession Company to build northern relief road of Moscow Kutuzov Avenue – Eugene Gerden writes New Concession Company has won a tender for the building of the Northern relief road of Kutuzovsky Avenue, a major radial avenue in the Russian capital Moscow. The firm is part of Leader company (one of Russia's largest management companies), owned by Yuri Kovalchuk, a well-known Russian businessman, who is reportedly close to Russia’s president Vladimir Putin. It is planned that the building of the n
    Read More
  • Major projects proposed for Philippines
    August 19, 2014
    The Philippines is setting major targets for road development in coming years. A planned budget of US$2.59 billion has been set for infrastructure in the city of Luzon for 2015. And the Department of Public Works and Highways plans to pave some 32,227km of the country's national roads by 2016, with only 83% so far having been paved. Some 64.3% of the department's budget will be for repair and construction of highways. Other spending will be allocated for the development of 410km Mindanao road network, which
    Read More
  • Czech infrastructure budget approved
    October 31, 2016
    The Czech government has set the 2017 budget for the Transport Infrastructure Fund at €3.03 billion. The budget includes European Union subsidies of just over €1.1 billion and a state budget contribution of €1.9 billion. The largest share of the funds will go towards construction and repair of roads, with nearly €1.7 billion allocated to the state road and motorway management company RSD. Around €111 million from the 2016 budget will be transferred to the 2017 budget for repairs of class II and III
    Read More

Highlighted Content