Russia commits $US 550 BLN for infrastructure
Russia will invest almost $US 550 billion in its transportation system between years 2010 and 2015.
The investment program is the biggest ever adopted by the Russian government.
Prime Minister Vladimir Putin said Russia's underdeveloped infrastructure is a drag on the country's economy.
“Russia carries only one percent of trade turnover between Europe and Asia, while experts say this could be 5 or even ten times more. Thus, it is vital to move from just maintenance of Russia’s transportation system to its development,” Putin said.
You can share this story on social media:
Follow RT on
Dear readers! Thank you for your vibrant engagement with our content and for sharing your points of view. Please note that we have switched to a new commenting system. To leave comments, you will need to register. We are working on some adjustments so if you have questions or suggestions feel free to send them to feedback@rttv.ru. Please check our commenting policy
