Skip to main content

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

  • ITS in Taiwan
    January 20, 2012
    In June, ITS Taiwan will host the 11th ITS Asia Pacific Forum and Exhibition. Dr. Bert J. Lim, president of the World Economics Society and a member of the local organising committee, provides an insight to ITS development in the country. Many of the thought-provoking issues he raises could be applied equally to most countries around the world. Governments need to assume a far greater leadership role, not just in ITS R&D, but also ITS deployment. In the case of Taiwan, it is time for the Ministry of Transpo
  • ITS in Taiwan
    February 6, 2012
    In June, ITS Taiwan will host the 11th ITS Asia Pacific Forum and Exhibition. Dr. Bert J. Lim, president of the World Economics Society and a member of the local organising committee, provides an insight to ITS development in the country. Many of the thought-provoking issues he raises could be applied equally to most countries around the world
  • 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
  • Major road projects to improve journeys in Merseyside and Cheshire
    September 1, 2017
    Two major new road schemes worth more than US$388 million (£300 million) are set to cut congestion and improve journey times for hundreds of thousands of drivers in Merseyside and Cheshire, UK. Highways England has set out its preferred options for upgrading the key route to the Port of Liverpool and creating a new junction on the M56 near Runcorn following public consultations earlier this year.