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2009 September 22   09:44

Financing of RF transport industry in 2010 to stay at the level of 2009 – Igor Levitin

Financing of RF transport industry from by the federal budget in 2010 will stay at the level of 2009, RF Transport Minister Igor Levitin said at the II international conference “St. Petersburg – maritime capital of Russia” held in St. Petersburg on September 22, RZD-Partner reports.

According to the Minister, on Wednesday RF Government will approve the budget for the next year. “Financing of transport industry (in 2010) will stay at the level of the previous year, which is some RUR 560 bln,” he said.

According to Igor Levitin, RUR 1.5 trn of private investments is expected apart form the budget money.

The Minister also noted that amid the crisis maritime transport managed not only to retain the results of the previous year but to increase it a little as well. “According to our data, cargo transshipment in seaports has increased by 5%,” he said.

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