Russian regional road revamp building budget

Regional roads in Russia look set for a revamp during 2015. Some US$6.64 billion will be spent on Russia’s regional roads, according to the Rador association. This compares against the $5.8 billion spent on repairs and revamping of Russia’s regional roads in 2014. The aim is to build and maintain some 1,620km of Russia’s regional roads in 2015, compared with 1,249km achieved in 2014. Russia’s regions allocated $3.23 billion for road repairs and maintenance in 2014. This plan saw improvements to 9,219 region
March 23, 2015 Read time: 1 min
Regional roads in Russia look set for a revamp during 2015. Some US$6.64 billion will be spent on Russia’s regional roads, according to the Rador association. This compares against the $5.8 billion spent on repairs and revamping of Russia’s regional roads in 2014. The aim is to build and maintain some 1,620km of Russia’s regional roads in 2015, compared with 1,249km achieved in 2014. Russia’s regions allocated $3.23 billion for road repairs and maintenance in 2014. This plan saw improvements to 9,219 regional roads, around 2% of Russia’s regional road network. However, Russia’s regions require building some 1,000km of roads/year starting from 2017. And they will have to achieve a target of an additional 9,910km of roads by 2022 in order to fulfil the target set by president Vladimir Putin of constructing twice as many roads in 2013-2022 as built in 2003-2012.
Finance & Funding Road Structures

Related Content

  • Italian construction machine firms see resurgence
    July 25, 2017
    The Italian construction machinery builders association, UNACEA, reports a resurgence in demand for equipment during 2017. According to UNACEA’s latest report, the first six months of 2017 have seen 5,109 machines sold in the Italian market, an increase of 6% compared to last year. Looking more closely, sales of earthmoving machines grew 6% with 4,910 machines sold, while sales of road equipment increased by 9% with 199 machines sold.
    Read More
  • Road user charging to pay for road improvements?
    February 20, 2012
    What is the current situation with Russian roads? It is an objective answer to this question that is contained in the official report of the Federal State Statistics Service for 2009. Here it states: "...public roads are of poor quality: 8.4% of roads accounted for groundwater, nearly a third of roads are gravel, rubble or cobblestone.
    Read More
  • Russia's road plans herald further deals to come?
    February 28, 2012
    Russia's Leningrad region has set a budget worth over US$179 million for road improvements in 2011.
    Read More
  • China-Europe road route through Russia
    September 2, 2019
    Plans are being considered by the Russian Government for the new Meridian Highway project, intended to connect Europe with Western China.
    Read More

Highlighted Content