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

  • British Colombia in Canada plans major road investment
    March 20, 2015
    In Canada the British Colombia Government has announced a programme of road and highway upgrades worth a total of US$1.99 billion (C$2.5 billion). The investment will be used to rehabilitate side roads, highways and bridges across the province. This plan will include repaving some 1,000km/year of provincial highway, with this plan stretching out over a period of 10 years. A key portion of the work will be to widen Highway 1 section to six lanes between Abbotsford and Langley. The proposed plan has been titl
    Read More
  • Bridge savings in Scotland to fund road improvements
    August 27, 2014
    The project to construct the new Forth Crossing close to Scottish capital Edinburgh is looking extremely positive, with cost savings envisaged for the bridge. The Queensferry Crossing scheme now looks to require slightly less funding than had been originally expected when the plans were unveiled in 2011, due in part to tight controls over spending. The bridge costs had been budgeted at close to €2 billion (£1.6 billion) initially but the project now looks likely to cost €1.81 billion (£1.45 billion). The sa
    Read More
  • Russian roads and bridges being planned
    April 22, 2020
    Russian road and bridge construction and maintenance works are being planned.
    Read More
  • Turkey’s new Marmara Highway project
    June 8, 2017
    By the end of 2018, a shiny new strip of asphalt will skirt around Turkey’s largest city, Istanbul, providing a new transport connection.
    Read More

Highlighted Content