Russia to spend US$2.3 billion on developing St Petersburg Metro

St Petersburg, Russia anticipates a 1.5 fold increase in subway development financing in 2014, and has allocated around US$2.3 billion in its draft budget for 2014-2016. One of the deepest metro systems in the world, St Petersburg's Metro has a total length of 113.5 km and 67 stations, one of which is 86 metres below ground. Serving 2.15 million passengers daily, it is also one of the busiest metro systems in the world.
September 19, 2013 Read time: 1 min
St Petersburg, Russia anticipates a 1.5 fold increase in subway development financing in 2014, and has allocated around US$2.3 billion in its draft budget for 2014-2016.

One of the deepest metro systems in the world, St Petersburg's Metro has a total length of 113.5 km and 67 stations, one of which is 86 metres below ground. Serving 2.15 million passengers daily, it is also one of the busiest metro systems in the world.

Under the current 2013 budget, US$395 million has been allocated for the construction of new subway stations and the projected budget for 2014-2015 allocates a further US$3.56 billion for new subway stations in 2014.

Related Content

  • June 20, 2012
    Multi-modal transport system key to liveable city development
    Malaysia’s Economic Transformation Programme aims to transform Kuala Lumpur into one of the world’s most liveable cities. Mohd Nur Kamal, CEO of SPAD, Malaysia’s Land Transport Commission, explains how a world class multi-modal transport system will be key to reaching that goal Superficially, Kuala Lumpur, or KL as it is commonly known, is the model of a vibrant, modern, cosmopolitan city to equal any in the world. The Petronas Twin Towers, an iconic global symbol of Malaysia, are surrounded by stunningly
    Read More
  • December 3, 2018
    Public transit is weapon in US congestion war
    Public transit is a huge component of US transportation, insists Mary Scott Nabers, CEO of Strategic Partnerships – and infrastructure upgrades have the potential to create thousands of jobs When it comes to public transportation, the US lags far behind other countries. Governments in Europe, Asia and Canada invest heavily in public transportation because it is viewed as an essential public good. The US government, however, views public transit a little differently and funding has been inadequate for d
    Read More
  • July 3, 2015
    Aurecon-Jacobs JV secures Melbourne metro contract
    Melbourne Metro Rail Authority (MMRA) has appointed the Aurecon Jacobs Mott MacDonald (AJM) joint venture as the technical, planning and engagement advisor for the Melbourne Metro Rail Project in Victoria, Australia. The Melbourne Metro Rail Project unlocks critically needed capacity in Melbourne’s rail network and begins transforming the network into an international metro-style rail system. It includes two nine-kilometre rail tunnels from South Kensington to South Yarra as part of a new Sunbury to Cra
    Read More
  • March 27, 2015
    EU support for development of an intermodal road-rail terminal in Tarragona
    The EU's TEN-T Programme is to provide over US$1 million to support an engineering study on an open terminal allowing the shift between rail and road cargo transport in Tarragona, Spain. The study will prepare grounds for the construction of the terminal after the permits are issued. The new terminal will help reduce both freight transport costs and CO2 emissions, as well as improve overall safety. It will have 115,000 loading units capacity per year, equivalent to eight trains per day and 2.3 million m
    Read More

Highlighted Content