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Russian Industry Outlook – Connect with a Growing Market
Russia remains one of the fastest growing markets in the world, with the World Bank predicting growth of 4.8% in 2011. Russia has a huge need for improved infrastructure and transport systems with financing for major projects coming from both governmental initiatives and private corporations.
Road/Transportation Projects
- Development of the Federal Road Fund which will allocate $12.5 billion to road construction and maintenance in 2011
- By 2015 14,000 km of new roads will be built including a Moscow-St. Petersburg toll road
- €1 billion redevelopment of Pulkovo Airport in St. Petersburg
Energy Projects
- $300 million wind power farm to be constructed in the Krasnodar region in 2011
- $1.2 billion reconstruction of the Sayano-Shushenskaya Hydroelectric Power Plant
- Construction of Baltic Nuclear Station in Kaliningradskaya
International Events
- $12 billion for construction of sports facilities, hotels and transportation systems for the 2014 Olympic Games in Sochi
- APEC Summit in Vladivostok in 2012 is driving huge investments in construction and infrastructure modernization
- Plans to spend $10 billion on the 2018 World Football Championships if awarded
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