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

  • IRF World Meeting: Strong business opportunities in a growing region
    September 26, 2013
    The 17th IRF World Meeting & Exhibition offers a chance for the industry to see what is going on in the field of infrastructure, not only in Riyadh but also in the whole of Saudi Arabia and the wider Gulf region. According to IRF chairman and mayor of Riyadh Eng Abdullah A Al-Mogbel, “Ongoing infrastructure programs concern not only roads and railways, but a whole swath of civil engineering projects — I am convinced many more companies that are not currently operating in the Kingdom should take this opportu
    Read More
  • Challenging Colombian tunnel completed
    May 30, 2024
    A tunnel stretch on Colombia’s Santa Fe - Cañasgordas highway is complete – Mauro Nogarin reports
    Read More
  • Investment from Taiwan will boost Guatemala’s transport infrastructure
    July 16, 2013
    Financing from Taiwan will help develop road infrastructure in Guatemala. Both the Taiwanese Government and private Taiwanese sources are supplying funding streams to Guatemala for transport infrastructure development. The Taiwanese Government is donating US$50 million to help improve the section of the Atlantico road connecting Sanarate and El Rancho. Taiwan is also providing a further $50 million in the shape of a loan for the project. This loan will be repayable over a 20 year period. The Atlantico road
    Read More
  • Europe's roads need innovation and research
    February 28, 2012
    FEHRL's fifth SERRP is set to drive road transport into the 21st century
    Read More

Highlighted Content