Veb

The Bashkortostan Republic (Volga) in western Russia could issue a tender for the Ufa Eastern exit road project by the end of the year. Government authorities in Bashkortostan said they and VEB (Vnesheconombank) are completing a feasibility study of the Ufa Eastern exit road project. The project, expected to cost around $591 million, involves completion of an underground tunnel to the Ufa River, a bridge and a road to the M5 motorway. The exit road will be about 14km. Transport infrastructure will be

Overall, Russia is to benefit from a major highway investment programme. The Federal Transport Development Programme will feature a budget of $21.5 billion for the 2010-2015 period. Some $15.1 billion is to be allocated for highway construction and repairs. Russian city St Petersburg and the surrounding the Leningrad region will see the start of major investment in infrastructure during 2011. The road sector will benefit strongly, with projects underway including the southern section of the Western High Spe