Russia plans US$6.07billion infrastructure projects

Russian President Vladimir Putin has instructed the National Wealth Fund (NWF) to allot US$6.07 billion for infrastructure projects involving the Russian Direct Investment Fund (RDIF). The RDIF has already selected eleven transport infrastructure projects involving ports, toll roads, metro, telecommunications including trunk lines to scarcely populated areas and a Europe - Asia fibre optic line, power energy and water supply.
December 18, 2013 Read time: 1 min
Russian President Vladimir Putin has instructed the National Wealth Fund (NWF) to allot US$6.07 billion for infrastructure projects involving the Russian Direct Investment Fund (RDIF). The RDIF has already selected eleven transport infrastructure projects involving ports, toll roads, metro, telecommunications including trunk lines to scarcely populated areas and a Europe - Asia fibre optic line, power energy and water supply.

Related Content

  • Smart railways market ‘worth US$13.77 billion by 2020’
    January 15, 2016
    According to new market research report by MarketsandMarkets, the smart railway market is predicted to grow from US$5.34 Billion in 2015 to US$13.77 Billion by 2020, at a CAGR of 20.8 per cent over the period. The smart railways concept includes the combination of advanced solutions and services of intelligent transportation with the information and communication technology. It facilitates the smart use of rail assets, from tracks to trains which will enable companies to meet the increasing consumer dema
    Read More
  • International tolling organisations sign joint declaration
    May 29, 2013
    The European Association of Operators of Toll Road Infrastructures (ASECAP) and the International Bridge, Tunnel and Turnpike Association (IBTTA), the worldwide association for the owners and operators of toll facilities and the businesses that serve them have signed an international joint tolling declaration designed to support a wider application of tolling policies throughout Europe and North America. The joint declaration calls for an increase in advocacy and application of tolling policies to support i
    Read More
  • Ertico partners in step for Europe-wide cooperative traffic systems
    December 5, 2012
    According to Ertico, the future of traffic management on urban and inter-urban networks will rely on direct communication and interaction between vehicles and the infrastructure, using new technologies called cooperative intelligent transport systems (C-ITS) that support real-time exchange of traffic data. This cooperation can enable a wide range of applications such as vehicle-sourced data collection, green light and speed advice, automated hazard detection, selective vehicle priority, dynamic city logisti
    Read More
  • Thales upgrading Kuala Lumpur monorail signalling
    March 23, 2012
    Scomi Engineering, which is upgrading Kuala Lumpur monorail for its operator Prasarana, has selected Thales to supply a turnkey signalling solution costing some US$18.6 million. The monorail, operational since 2003 in Malaysia’s capital, is currently expanding its passenger transportation capacity by the introduction of new rolling stock with four-carriage trains and by the replacement of the existing signalling along the eleven stations of the monorail.
    Read More

Highlighted Content