Skip to main content

Russia to invest in Moscow transport hub development

Russia’s Ministry of Transport says that US$54.56 billion will be invested in development of the Moscow Transport Hub in 2013-2016. The funding will be used to develop roads, subways, rail infrastructure, public transport, air transport, road traffic management, road traffic safety and water transport development. The program stipulates launch of passenger rail service at the Moscow Little Ring Railway, construction of 93.9 kilometres of roads and 38.6 kilometres of street and road network. The infrastru
January 7, 2014 Read time: 1 min
Russia’s Ministry of Transport says that US$54.56 billion will be invested in development of the Moscow Transport Hub in 2013-2016. The funding will be used to develop roads, subways, rail infrastructure, public transport, air transport, road traffic management, road traffic safety and water transport development.

The program stipulates launch of passenger rail service at the Moscow Little Ring Railway, construction of 93.9 kilometres of roads and 38.6 kilometres of street and road network. The infrastructure of Sheremetyevo, Domodedovo, and Vnukovo airports will be renovated. Public transport will account for 78 per cent of passenger traffic in Moscow and 66 per cent in the Moscow region.

Related Content

  • Mexico City airport to cost US$1 billion
    May 1, 2014
    Construction of a new airport on land adjacent to the Mexico City international airport, AICM, is expected to cost US$1.12billio, said transport and communications (SCT) minister Gerardo Ruiz during a presentation of the country's national infrastructure plan 2014-18.
  • US economic stimulus package highlights ITS technology
    July 17, 2012
    US Secretary of Transportation Ray LaHood talks to ITS International about economic stimulus funding and the absolute need to maintain and increase the use of technology in transportation. Of the total of $787 billion of funding announced under the American Recovery and Reinvestment Act (ARRA), the economic stimulus package which was signed into law by US President Barack Obama on 17 February 2009, $48.1 billion will go to the US Department of Transportation (USDOT). Of that, $27.5 billion is for highway in
  • Motown morphs into Mobility City
    August 7, 2018
    Detroit was once a byword for urban decay – but ITS America recently held its annual meeting there. This gave David Arminas a chance to assess how fast Motor City is moving down the road to recovery. Motor City, as Detroit is still called, was on its financial knees only five short years ago. The future looked bleak as the city and greater urban area bled jobs and population. It was on 18 July 2013 that Motown, as Detroit is also known, filed for Chapter 9 bankruptcy protection, the
  • Peru’s US$15 billion projects pipeline
    November 11, 2013
    Peru's private investment promotion agency ProInversión plans to grant 37 transport, energy, infrastructure and water projects in the next two years, its executive director Javier Illescas said. Although ProInversión has launched tenders during 2013 for several major infrastructure projects, many of the original deadlines have been postponed numerous times. Among the projects postponed is the US$74 million concession for the Amazon waterway, initially set to be awarded in quarter four 2013, which has bee