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

  • Germany is developing infrastructure plans
    March 21, 2016
    The German Government's new transport investment strategy will see increased spending until 2030. The Ministry for Transport says that the emphasis will be on renovating existing infrastructure, instead of building new projects. Around 70% of investment will be for renovation and improvement projects, compared to 56% in the previous transport strategy. The plan is worth a total of €264.5 billion, an increase of €91 billion over the previous plan, with 49.4% targeted at road projects, 41.3% for rail and 9.3%
  • Algeria’s improving road safety
    August 22, 2018
    Algeria is seeing a major improvement in road safety due to a combination of better driver education and tougher enforcement actions. Official figures show a 59% drop in road crashes in the last three years. In the period from 1st January to 17th August 2014 there were 24,388 recorded road crashes compared with 20,631 for the same period in 2015, 14,452 in 2016, 10,505 in 2017 and 6,928 in 2018. During the first seven months of 2018 there were 5,076 road crashes in Algeria, which resulted in 1,512
  • Uruguay’s transport investment is seeing major gains
    August 1, 2017
    Uruguay’s road development programme will help deliver economic growth for the future - Gordon Feller reports. Uruguay is embarking on a new nationwide programme to rehabilitate 890km of roads, and the government intends to improve an additional 260km of dangerous highways and roads. This three-year programme aims to reduce traffic accidents, in part thanks to a US$70 million loan recently authorised by the World Bank’s board of directors. The new operation uses a special financing instrument known as “Prog
  • New Italian transport infrastructure construction works planned
    April 13, 2023
    New Italian transport infrastructure construction works are being planned.