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RF government adopts subsidising of road infrastructure development in regions

The latter project is aimed at the improvement of the transport support for the hosting of the World Soccer Cup of 2018

MOSCOW, March 15 (Itar-Tass) – The Russian government adopted a draft document on subsidies, which will be assigned from regional budgets in 2013–2015 for co-financing of road construction and upgrading, the Cabinet of Ministers said in its official statement, adding that the co-financing will embrace the roads of the federal and interregional importance.

The subsiding is envisaged by the Highways sub-program of the federal targeted program “Development of Russia’s Transport Network in 2010–2015.”

In particular, the document envisions that this year the Moscow Region will receive more than 5.6 billion roubles for the construction and upgrading of the existing roads and transport intersections. Besides, the budget of St. Petersburg will get two billion roubles for the construction of the road junctions at the intersection of the Pulkovo Highway and the Dunaisky Avenue. The latter project is aimed at the improvement of the transport support for the hosting of the World Soccer Cup of 2018.

The so-called road subsidies will also be assigned to the Krasnoyarsk Territory, as well as the Lipetsk, Omsk, Oryol, Penza and Smolensk regions.

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