Google+
Рейтинг@Mail.ru
Pravda.ru

News » Economics

IBRD to allocate $250m to Russia for road construction

18.11.2002 | Source:

Pravda.Ru

 

The International Bank for Reconstruction and Development will give a $250m credit to Russia to be spent on the road reconstruction in 2004. A relative agreement was reached at the meeting of head of the Russian State Road Service Rosavtodor Igor Slyunyayev with a mission from the IBRD. The money will be spent on the reconstruction of parts of the M-4 "Don" federal road that lays between Moscow, Voronezh, Rostov-on-Don, Krasnodar and Novorossiysk (goes through Bolshoy Sochi) and construction of a new toll road between Adler and Krasnaya Polyana in 2005.

Additionally, Rosavtodor is planning to attract $1bn in loans from the European Investment Bank in 2004-2006. They will be spent to build further Transeuropean channels.

© &to=http://www.rbc.com' target=_blank>RBC

&to=http://www.worldbank.org/' target=_blank>IBRD

 
| More
911

Popular photos

Most popular

Medvedev: Russia was kept in a hallway for 17 years, but today, we show our teeth
Medvedev: Russia was kept in a hallway for 17 years, but today, we show our teeth
Russian Prime Minister Dmitry Medvedev delivered ​​a report to the deputies of the State Duma on the work of the government in 2013. During his speech, Medvedev would ask himself questions and give...
The second mystery around Malaysia Airlines Flight MH370
The second mystery around Malaysia Airlines Flight MH370
A second mystery around the disappearance of Flight MH370 has largely gone unnoticed: why hasn't the US been in the forefront of providing information about it? The American military has some of most...
Система Orphus