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

Netherlands considers leaving EU, lifting sanctions from Russia
Netherlands considers leaving EU, lifting sanctions from Russia
The Freedom Party of the Netherlands is finalizing the project of a referendum on the country's exit from the European Union
History of pornography: scandalous beginning and habitual reality
History of pornography: scandalous beginning and habitual reality
First documented porn pictures were printed in oriental manuals of sex, Kama Sutra was the most popular one among them. The Hindu feared that the paper works would not survive and decorated the...
Рейтинг@Mail.ru Rambler_s_Top100_Service