Skip to main content

News Test

News Test
July 31, 2014 Read time: 2 mins

Set to cost over €100 billion to implement in full, Moscow region’s new transport strategy until 2020 aims to develop and popularise public transport, strengthen connections between districts via transverse highways, optimise cargo traffic and increase safety.

The strategy, devised by the Research and Design Institute of Moscow City Master Plan (NIiPI Genplan) after a request by the Moscow Transport Hub's Directorate, if successfully implemented, is predicted to see an increase in annual passengers carried by public transport from 7.26 billion to 9.4 billion people, and from 73 million to 100 million people per year on long-distance routes. Freight rail traffic is also forecasted to grow from 80 million to 115 million tonnes per year.

Meanwhile, average travel time should, according to the strategy, decrease from 68 to 52 minutes, and public transport congestion during rush hours should go down from 26% to 17%. Transport accident rate should lower from 1.7 to 1.3 casualties per 10,000 people. Delay rates in freight motor transport operations are anticipated to decline from 24% to 15%. Polluting substance emissions should also be cut from 54kg to 19kg per 4056 capita.

Aggregate financing under the intended transport strategy scenario totals €148.1 billion (RUB 6.55 trillion), and €104.27 billion (RUB 4.61 trillion) under the conservative scenario. Around €52.02 billion (RUB 2.3 trillion) should come from the Moscow city budget, €24.88 billion (RUB 1.1 trillion) from non-budgetary sources, €16.46 billion (RUB 728 billion) from the federal budget, and €2.26 billion (RUB 100 billion) from the Moscow region's budget.

 Set to cost over €100 billion to implement in full, Moscow region’s new transport strategy until 2020 aims to develop and popularise public transport, strengthen connections between districts via transverse highways, optimise cargo traffic and increase safety.

The strategy, devised by the Research and Design Institute of Moscow City Master Plan (NIiPI Genplan) after a request by the Moscow Transport Hub's Directorate, if successfully implemented, is predicted to see an increase in annual passengers carried by public transport from 7.26 billion to 9.4 billion people, and from 73 million to 100 million people per year on long-distance routes. Freight rail traffic is also forecasted to grow from 80 million to 115 million tonnes per year.

Meanwhile, average travel time should, according to the strategy, decrease from 68 to 52 minutes, and public transport congestion during rush hours should go down from 26% to 17%. Transport accident rate should lower from 1.7 to 1.3 casualties per 10,000 people. Delay rates in freight motor transport operations are anticipated to decline from 24% to 15%. Polluting substance emissions should also be cut from 54kg to 19kg per capita.

Aggregate financing under the intended transport strategy scenario totals €148.1 billion (RUB 6.55 trillion), and €104.27 billion (RUB 4.61 trillion) under the conservative scenario. Around €52.02 billion (RUB 2.3 trillion) should come from the Moscow city budget, €24.88 billion (RUB 1.1 trillion) from non-budgetary sources, €16.46 billion (RUB 728 billion) from the federal budget, and €2.26 billion (RUB 100 billion) from the Moscow region's budget.

For more information on companies in this article

Related Content

  • M6 Toll road ‘could open for free’ to ease congestion
    June 27, 2013
    The UK’s underused M6 toll road could be opened free to drivers stuck in congested traffic on the M6, it has been revealed. Toll road operators Midland Expressway have reportedly offered to clear the path to help relieve traffic jams on the M6 if the Government releases it from its commitment to part-finance the M54 link road. The company, a subsidiary of Australian company Macquarie Atlas Roads, has debts of £1.03 billion, which mature in 2015, and as part of its 50-year concession agreement would have to
  • Public safety demand driving ITS market growth, says report
    April 13, 2016
    The latest report from RnR Market Research indicates that one of the major factors positively impacting the intelligent transport systems market is the growing need for public safety as collision avoidance and dynamic warning systems are introduced to reduce the frequency of accidents by making users more aware of their surroundings. The analysts forecast global intelligent transport systems market to grow at a CAGR of 8.23 per cent during the period 2016-2020. The report, Global Intelligent Transport Sy
  • Smart transportation market worth $104.19 billion by 2019
    April 1, 2014
    MarketsandMarkets recently conducted a study on the Smart Transportation Market by Solutions (Ticketing Management, Parking Management, Passenger Information, Traffic Management) & Services (Cloud, Professional, Business) Global Advancements, Application Roadmaps - Forecasts and Analysis 2014-2019, which concludes that the smart transportation market is expected to grow from US$45.05 billion in 2014 to US$104.19 billion by 2019. Congestion, emergence of cloud services, need of sustainable solutions, and
  • Kenya plans road toll tenders
    March 25, 2015
    Kenya plans to start tendering in May for toll-road contracts estimated by the government to be worth $2 billion to improve the efficiency of the East African nation’s biggest commercial routes, according to Bloomberg. The contracts will be in addition to the 45 deals worth about US$3.2 billion that the government will start awarding as early as next week, to double the nation’s paved-road network through an annuity program. The government is planning to introduce five toll projects covering about 800 kilom