Skip to main content

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

  • App informs drivers of delays during Long Beach bridge replacement
    June 6, 2014
    David Crawford previews a work zone travel breakthrough. In February 2014, the Port of Long Beach in California launched what it claims is a groundbreaking construction zone navigation aid - LB Bridge mobile app. The app is designed to help drivers during the Gerald Desmond Bridge replacement programme by keeping them up to date on activity and the ensuing traffic diversions when construction starts in summer 2014. The unusually content-rich app is designed to convey current project news (enlivened by phot
  • ITS market size projected to reach US$66.5 billion by 2024
    October 13, 2016
    The global intelligent transportation system (ITS) market is expected to reach US$66.5 billion by 2024, according to a new report by Grand View Research. The usage of ITS to reduce road accidents and increase safety is a major driving force for the ITS market. Demand for vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication in order to enhance road safety is expected to gain momentum over the forecast period. The continuous progression and development have become a crucial need for b
  • Virginia presses ahead with tunnels upgrade despite tolls challenge
    July 30, 2013
    David Crawford reviews current developments and legal/financial issues facing tunnel management in Virginia. This autumn the Virginia Department of Transportation (VDOT) in the US will defend its plan to introduce tolling on the Elizabeth River tunnels linking the cities of Norfolk and Portsmouth in the State’s Hampton Roads area. The tolling, which is due to start from February 2014, will be examined by the State’s Supreme Court later this year. The anticipated toll income, along with loans and bonds, is
  • Frequency changes threaten vehicle safety applications
    January 24, 2012
    The use of frequency spectrum at 5.9GHz for vehicle safety applications is at risk because of two draft bills currently before Congress. Here, we look at why and what’s being done to address the issue. In the US, the right of cooperative infrastructure to use frequency at 5.9GHz is under threat as a result of the proposal of two bills in Congress. The chronology of spectrum allocation for Dedicated Short- Range Communications (DSRC)-based Vehicle-to-Infrastructure (V2I) and Vehicle-to-Vehicle (V2V) safety a