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

  • KPMG on Russia’s road infrastructure market prospects
    December 5, 2013
    Research by KPMG has revealed that the Russian road infrastructure market is growing by an average ten per cent per year. The market may total US$43.62 billion by 2020, compared with US$9.9 billion in 2007. According to analysts, only large federal road construction companies are able to achieve the highest profitability. However, such companies will have to reduce costs because contracts are becoming bigger and more complex and include construction of artificial structures, for example. Consolidation of co
    Read More
  • USDOT to fund New York, New Jersey transit systems upgrades
    September 23, 2014
    US Transportation Secretary Anthony Foxx has announced that 40 projects have been competitively selected to receive a share of US$3.59 billion in federal disaster relief funds to help public transportation systems in the areas affected by Hurricane Sandy to become more resilient, in order to withstand the impact of future natural disasters. Approximately 90 per cent of the funds will be invested in resilience projects primarily in New York and New Jersey, where transit systems sustained the worst of the
    Read More
  • Mexico’s Durango-Mazatlan highway sets tunnel safety standard
    September 14, 2016
    Mauro Nogarin looks at the management of the longer tunnels on Mexico’s Durango-Mazatlan highway. In recent years the National Infrastructure Fund of Mexico has increased investment in the installation of ITS systems on selected highways to increase road safety. One such major investment is the 230km long Durango-Mazatlan highway which is 12m in width and has an average speed of 110km/h.
    Read More
  • UK Spending Review ‘increases capital investment in transport by 50%’
    November 26, 2015
    UK Chancellor George Osborne announced major investments in transport in the government’s Spending Review and Autumn Statement, despite a 37 per cent cut in the Department for Transport’s (DfT) operational budget. This was offset with a planned 50% per cent increase in capital expenditure for the DfT - rising to a total of US$92 billion. In addition to protecting overall police spending in line with inflation, an increase of US$1.3 billion by 2019-20, the review includes US$70 billion capital investment
    Read More

Highlighted Content