Russia is setting out a new road development budget

Russia is setting out plans for development of its transport network, with road construction and maintenance amongst the areas being prioritised. The new plan will run from 2016-2021 and has been established by the Transport Ministry. In all the country intends to spend close to US$90 billion developing transportation. The construction of new federal highways and rebuilding of existing links will be high on the agenda for action. During 2016, the plans call for 360km of new motorways opening for traffic.
June 13, 2016 Read time: 1 min
Russia is setting out plans for development of its transport network, with road construction and maintenance amongst the areas being prioritised. The new plan will run from 2016-2021 and has been established by the Transport Ministry. In all the country intends to spend close to US$90 billion developing transportation. The construction of new federal highways and rebuilding of existing links will be high on the agenda for action. During 2016, the plans call for 360km of new motorways opening for traffic.

At present there is concern in Russia that many of the country’s federal roads do not meet requirements with regard to safety. But the plan includes improvements to key routes to boost safety standards in line with regulations. Work will be carried out to 3,000km of roads in 2016 and 5,900km in 2020.
Finance & Funding Road Structures

Related Content

  • India investing in road infrastructure
    January 16, 2015
    The Indian Government has announced plans to build 7,300km of roads and 48 bridges. The programme is being handled by India's Ministry of Road Transport and Highways and is called the Road Requirement Plan (RRP) Phase-2. The new roads will be constructed in the so-called ‘red zone’. The project is expected to cost some US$1.72 billion, and it will include the construction of roads, highways and 48 bridges. The ‘red zone’ areas have been affected by left wing extremism, namely the Naxalites. As of January 20
    Read More
  • IRF Geneva appointed to the Board of The Belt & Road Transport Alliance
    September 12, 2018
    IRF (Geneva) was amongst the key stakeholders invited to attend the Belt & Road Transport Alliance (BRITA) preparatory meeting held in Beijing, China on 18th June. BRITA is a platform to enhance multilevel and wide-ranging cooperation between the countries along the Belt and Road. The meeting was held prior to the official opening of the World Transport Convention 2018 (WTC 2018) hosted by CHTS and officially supported by IRF (Geneva) for the second time. IRF (Geneva) has actively supported the shaping of
    Read More
  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More
  • Serbia speeding spending on roads
    May 21, 2014
    Serbia is planning to speed construction of its highway network. A key project being prioritised is the Corridor 10 motorway, which is due for completion by September 2016. Another priority project is for Corridor 11 and for several regional road routes. At present the Corridor 10 sections between Sid and Belgrade, and Subotica and Belgrade have been built, while work on the 22km Ipsilon stretch between Subotica and Kelebija is underway. Work is also underway on the 96km south node from Grabovnica to Presev
    Read More

Highlighted Content