Road Building Subsidies Reach $444M This Year

By The Moscow Times

Dec. 18, 2013

The government in 2013 doled out road construction subsidies to the regions worth 14.6 billion rubles ($444 million), according to a directive issued by Prime Minister Dmitry Medvedev and published on the Cabinet's official site Wednesday.

The financing is being provided within the framework of a federal program to upgrade Russia's transportation system through 2020, the document said.

Among the recipients, Moscow has been granted 4 billion rubles for a bypass and junction in the north of the city, while 2.28 billion has been supplied for a bridge over the Ob river in Novosibirsk.

Subsidies for road construction in the Moscow region have increased this year by 5 billion rubles, and state support in St. Petersburg has been boosted by 1.18 billion rubles.

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