Strabag Hopes for Projects in Russia

IndustrialsConstruction ♦ Published: December 8, 2010; 22:44 ♦ (Vindobona)

Russia will hold the 2018 World Cup, expected to be the most expensive of all times. Numerous construction projects will be awarded.

Strabag Hopes for Projects in Russia / Picture: © Wikimedia Commons / The Communist International (based on an artwork by Boris Kustodiev, d. 1927) [Creative Commons CC0 1.0 Universal Public Domain Dedication]

Estimated $ 50bn will be invested by Russia for the World Cup 2018. Not just stadiums are to built, the entire Russian infrastructure has enormous gaps and needs to be renovated. The burden for the Russian state budget is very high, but investments should achieve overall economic effects.

The games will take place at a total of 13 locations, including Moscow, St. Petersburg,…