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

  • Peru plan for transport upgrades
    October 12, 2018
    Peru has set a transport budget for 2019 that focuses on key projects. The country’s Ministry of Transport and Communications (MTC) is setting close to half of its US$3.74 billion budget for 2019 to upgrading the highway connecting Huánuco with Conococha as well as developing the Lima Metro system. Other projects being prioritised in Peru include building the Bellavista to Mazan road and improving the road connecting Checca with Mazocruz. Peru’s transport infrastructure budget for 2019 will be around twice
  • Qatar to spend up to $100 billion on road and rail networks before FIFA World Cup
    February 29, 2012
    According to Business Monitor International (BMI), Qatar is expected to spend US$80-100 billion over the next five years to prepare and deliver the infrastructure required to support the huge influx of visitors forecast to attend the 2022 FIFA World Cup.
  • Mongolia is prioritising road transportation
    November 16, 2023
    Mongolia is prioritising road transportation for its next budget.
  • Australian states receiving federal funding for transport
    May 9, 2018
    Federal funds will help finance transport infrastructure upgrades in the Australian states of Victoria, Tasmania and South Australia. Road and rail projects will be carried out in all three states, with the road works intende dto cut congestion and improve journey times. Victoria State is planning a transport budget of US$5.88 billion (A$7.8 billion), with key projects including $1.32 billion for the North East Link road and widening a stretch of the Princes Highway between Traralgon and Sale for $99.5 mill