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

  • Italy budgets for highway maintenance, upgrades
    May 15, 2012
    Between January and September 2009, some €1.27 billion was invested into Italy’s highway network. This equated to 92% of the €1.38 billion originally estimated in the financial plan. ANAS, the Italian public motorway concessionary, said that by the 31 December, 2008, some €40.1 million was budgeted for ordinary maintenance, and €451.5 million linked to the financial benefit for delayed investments. The highway sector has an investment plan worth over €40.7 billion, of which €7.2 billion is for Concessioni
    Read More
  • European transport pricing deadline
    September 3, 2012
    Public consultation is nearing completion on the sensitive issue of internalising external costs to make transport users pay for the perceived negative effects they inflict on society, including air pollution, CO2 emissions, accidents and congestion. Within six months a universal model will be unveiled by the European Commission (EC).
    Read More
  • Bulgaria plans for operating road infrastructure
    February 21, 2012
    There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
    Read More
  • Florida highway rebuild project
    May 2, 2018
    Rebuilding a congested stretch of highway in Florida will cut congestion and boost safety for commuters - Mike Woof writes. Florida’s 214km-long I-4 highway provides a key transport route between Tampa and Daytona Beach, but has an unenviable reputation for both congestion and safety, with frequent delays due to heavy traffic as well as crashes. The stretch running through the city of Orlando is particularly prone to jams at peak periods, with huge traffic volumes resulting in vehicles having to slow to a c
    Read More

Highlighted Content