Investments into Russian transport sector increased by 10% in 2009
20.03.2010 (00:37)
The total volume of investments into Russian transport sector in 2009 amounted to approximately RUR 800 billion. Of that, RUR 280 billion was given from the federal budget.Sergey Ivanov, the RF Vice Prime Minister, said at the meeting of the Transport Ministry Board (on March 17, 2010) that this figure is 10% up as compared to 2008. In his words, it is obvious that infrastructure projects financing is very onerous for the state.
According to Mr Ivanov, the Ministry of Transport works actively to attract private investors to the process. An example of it is the projects of Moscow – St Petersburg high-speed toll roads construction and a new passage to Moscow ring-road bypassing Odintsovo.
Concessionaires for these projects are already chosen, and all necessary agreements are concluded. Mr Ivanov said that such roads could be constructed to airports and at other overloaded directions.
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