Over the past and current years the Government of the Russian Federation has adopted 42 State programs which cover all sectors of the national economy and the social sphere as well as elaborated “road maps” for their execution.
The efforts of the state and corporate development institutions are aimed at the implementation of large investment, primarily, infrastructure projects.
Altogether there are 60 such projects many of which have been already completed. Several hundred projects are underway. As part of these projects the State finances the development of infrastructure whereas the industrial facilities are financed by private investments.
International transport corridors, such as Europe – Western China, the second and the ninth International Pan-European transport corridors, Northern Sea Route, will be further developed in the coming years.
Russia continues to experience problems with high wear and depreciation of fixed assets, with existing transport and infrastructure constraints, high proportion of import and commodity dependence of economy, as well as tariff levels of natural monopolies.