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

 







Popular photos


Most popular

Arseniy Yatsenyuk disappears in Ukraine: Fellows are at a loss
Arseniy Yatsenyuk disappears in Ukraine: Fellows are at a loss
Former Ukrainian PM Arseniy Yatsenyuk retreated into the shadows after his resignation and makes no appearance in public.
Nuland defines a “red line” for Ukraine
Nuland defines a “red line” for Ukraine
After an official meeting with the Ukrainian authorities Victoria Nuland, the US State Department curator on Ukraine, met with MPs of the Ulrainian Parliament Verkhovna Rada. There she spoke without...
Рейтинг@Mail.ru Rambler_s_Top100_Service