Russia Reveals Plans to Embark on Infrastructure Reform
(MENAFN) Russia's government is set to embark on a vast infrastructure overhaul, including the creation of eight new data centers and major expansions to its transportation, energy, and communications networks, Prime Minister Mikhail Mishustin revealed on Monday.
The plan, set to unfold through 2036, will involve the phased construction of data centers designed to house more than 10,000 server racks, the government confirmed.
In addition, Mishustin outlined a comprehensive strategy to modernize the country’s infrastructure, with a focus on transportation and energy. The project will see the building and upgrading of approximately 4,500 kilometers of railways and over 2,000 kilometers of highways. Furthermore, plans include the installation of 800 kilometers of high-voltage power lines and the laying of nearly 20,000 kilometers of fiber-optic communication cables.
According to Russia's Ministry of Economic Development, the scale of the initiative is unprecedented. The total investment is projected to reach nearly 20 trillion rubles (approximately 240 billion U.S. dollars) by 2036, representing almost 10 percent of the nation’s current GDP. (1 Russian ruble = 0.012 U.S. dollar)
The massive undertaking signals Russia's ambition to enhance its technological and infrastructure capabilities in the coming decade.
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