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

  • A series of key road projects are underway in Russia
    September 11, 2013
    A series of major road projects are planned for various parts of Russia that will improve connectivity. These include the Moscow-St Petersburg highway, work to the transportation system in the Rostov region and a new bridge over the Belaya River in Ufa. The tender process for the contract to build, maintain, repair, and operate a section of the Moscow- St Petersburg highway has been announced by Avtodor. The section is from the 334th to the 543th kilometre. The contract will call for the construction work t
    Read More
  • China’s transport infrastructure expansion programme remains stable
    August 2, 2018
    China’s transport infrastructure expansion programme is continuing at a steady rate. This has been revealed with new figures from China’s Ministry of Transport. In the period from January 2018 to June 2018 US$190.9 billion was invested in transport infrastructure projects across China. However the focus has shifted slightly with an increase in funding for rural road projects of around 1.8% and a gain for expressway projects of 12.8%.
    Read More
  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
    Read More
  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
    Read More

Highlighted Content