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Road funding to get private sector push along with pension backing

Published: 28 September, 2009, 18:22
Edited: 15 June, 2010, 09:47


Photo by Vasily Privalov

Funding for Russia’s road networks has been trimmed back from original plans with the government now looking to get increased private investment.

 
4 COMMENTS
Count Cash September 28, 2009, 17:23 quote
0

Normally touching pensions is a no no. But there is an excellent double play possible here. We can improve our roads and introduce tolls using pension money, then the flow back to the pension is guaranteed from the tolls. Our drivers pay the pensioners. Pretty inflation proof as well! The drivers get better roads and the pensioners get a good guilt edged investment. No one can complain about tolls, as the infrastructure is basically starting from scratch in many cases.

jon October 13, 2009, 07:01 quote
0

There are two things that I think are big mistakes. Robbing citizens pension funds and placing tolls on roads. Once a precedence is set it seems these sorts of things take on a life of their own. Politicians everywhere seem to never collect enough taxes to suite them. Robbing pension funds often result in the fund never being paid back. I would rather deal with bad roads than fall into this trap. Looks like you guys have been watching too much American television. They get the money but somehow the roads still dont get fixed.

Maria Kuznetsova June 14, 2010, 13:37 quote
0

I think it is importanr for Russia to get good roads - this would improove, in great scale, communication between the country and the city with its increesing life speed. Posibly, the road TAX can be introdused in this case and help to resolve this problem - "where to get the money to build GOOD roads"? It doesn't have to be a large ammount of money, if we think of increesing numbers of drivers on russian roads! Maria Kuznetsova

Loree July 17, 2011, 03:21 quote
0

Many many quality ponits there.

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