Road infrastructure investment to boost Russian construction sector

At the end of 2011, Russia’s road network consisted of 903,000 km of public roads, of which about 800,000 km was hard surfaced. With only 5.6 km of hard-surface roads per 1,000 people, Russia has one of the least developed road networks in the world. However, this situation will improve considerably in the years to come as a result of impressive multi-trillion rouble investments being pumped in road construction initiatives.
According to recently announced plans, between 2012-2020 about 120,000 km of road lanes will be built across the country. The total funding that the public authorities are expected to allocate for road infrastructure projects during this time-frame will exceed RUB 8,000bn ($260bn), of which RUB 4,500bn ($150bn) is expected to come from the federal road fund while the remaining amount should come from regional road funds.

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