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

  • August 7, 2015
    Infrastructure projects to drive the construction industry in Norway
    According to a recent report by Timetric’s Construction Intelligence Center (CIC), Norway’s construction industry will continue to expand over the coming five years, with investment in transport infrastructure projects continuing to drive growth. Under the government’s fourth National Transport Plan (NTP) 2014–2023, a series of infrastructure projects will be launched with an investment of around US$86.5 billion. The Norwegian Ministry of Transport and Communications has proposed total investment in th
    Read More
  • June 29, 2017
    EU proposes to spend €2.7 billion for 152 transport projects
    The European Commission is proposing to invest US$3 billion (€2.7 billion) in 152 key transport projects that support competitive, clean and connected mobility in Europe.
    Read More
  • May 10, 2012
    Report on the impact of recession on infrastructure funding worldwide
    A new report examines how aggressive government belt-tightening and financial market deleveraging restrained worldwide infrastructure investments for 2012 and probably for the next five years. In the US, for instance, Infrastructure2012: Spotlight on Leadership, released by the Urban Land Institute (ULI) and Ernst & Young, says that constrained public budgets and a growing recognition at the local level of the importance of infrastructure, combined with lack of action at the federal level, are causing state
    Read More
  • April 1, 2021
    ITS warms to Biden $621bn infrastructure plan
    American Jobs Plan seeks to future-proof US infrastructure for the 21st century
    Read More

Highlighted Content