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

  • Vermont approves US$685.7 million transportation bill
    June 4, 2014
    Vermont plans to spend a record US$685.7 million on transportation projects under legislation signed by Governor Peter Shumlin. The FY 2015 Transportation Bill contains the largest investment in transportation infrastructure in state history. The bill provides for infrastructure improvements and maintenance and supports the Agency of Transportation’s (VTrans) vision of a safe, efficient, multimodal transportation system that promotes Vermont’s quality of life and economic growth. It also supports the contin
    Read More
  • Moody's: tolls will have a greater role in closing US highway funding gap
    April 28, 2017
    In light of stagnant federal funding and limited capacity for states to increase spending, toll roads will play an increasing role in addressing the funding gap for road and bridge infrastructure needs in the US, according to a new report from Moody's Investors Service. Based on historical trends, Moody's projects more toll roads and increased tolling in areas with existing traffic congestion and growing economies, population and per capita income. The 2017 Infrastructure Report Card by the American Society
    Read More
  • Do satellites provide a heavenly view of tolling’s future?
    December 16, 2014
    Satellite-based tolling opens up new options for authorities and can be integrated with DSRC systems as David Crawford discovers. As the proud custodian of the European Union (EU)’s longest road network covered by a single (truck) charging scheme – and the only one to include all major roads - Slovakia has become the continent’s poster-nation for the virtues of GNSS/CN (Global Navigation Satellite System/Cellular Network)-based tolling. It is also proved to be a very fast implementer. Speaking at the 2014 I
    Read More
  • Collision avoidance systems market ‘worth US$50.38 billion by 2020’
    December 2, 2015
    New research from MarketsandMarkets claims that the collision avoidance systems market is expected to grow from US$31.19 billion in 2014 to US$50.38 billion by 2020 at a CAGR of 7.74 per cent. The report, Collision Avoidance Systems Market by Device, Technology, Application (Automotive, Aerospace, Railway, Marine, and Construction & Mining), and Region (North America, Europe, Asia-Pacific, and RoW) - Global Trend & Forecast to 2020, says the market is expected to be driven by the growing focus of consumers
    Read More

Highlighted Content