Federal expenditures for infrastructure projects to total RUR 900 in 2008

In 2008, federal expenditures for infrastructure projects will total RUR 900 billion, which is 16%  of all expenditures, acting First Deputy Prime Minster Sergei Ivanov said at the 6th international investment forum “Sochi-2007”, PRIME TASS reports. According to Ivanov, in 2 years expenditures for infrastructure projects will make 3.8% of GDP (4.5% by 2015). Ivanov says infrastructure development will require $1 trillion within 10 years.