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

  • Report: Priority funding for rail projects drives investments in Turkey
    January 22, 2015
    Turkish railways have undergone a complete overhaul due to significant investments over the last five years. In the majority of rail projects currently under way, investment is directed towards the construction of new high-speed rail (HSR) lines, electrification, extensions and upgrading of existing infrastructure. With u$18 billion allocated for the rail sector as part of the Turkey Vision 2023 plan, the country is expected to have a total conventional rail network length of 25,940 kilometres and a HSR net
  • Wireless bridges widen options for ITS upgrades
    December 9, 2014
    Antaira Technologies’ marketing engineer Brian Roth explains why the increasing capacity of wireless bridges is reducing the cost of expanding and upgrading ITS networks. With more than half of the world’s population now living in cities, the need for efficient transportation of both people and goods has never been greater and that pressure is unlikely to ease any time soon. Indeed in many regions of the world the rate of urbanisation is still increasing as the demand for rural workers continues to decline.
  • Indra speeds Madrid metro ticketing
    April 14, 2021
    Indra's ticketing system prototypes to enable contactless payments in Spanish capital
  • House proposes US$10.5 billion eight-month highway bill
    July 10, 2014
    The US Government House Ways and Means Committee is proposing a US$10.5 billion, eight-month transportation funding bill to push the debate over road and transit spending into the next Congress. The proposal, which calls for a temporary extension of current transportation funding levels until 31 May 2015, comes as lawmakers try to come up with a way to replenish the Department of Transportation's depleted Highway Trust Fund before a predicted August bankruptcy date. The traditional funding source fo