Russia sets budget for Vostochny through 2019


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The Russian government has now allocated a new budget for the next phase of construction at its new spaceport at Vostochny.

“The money has been allocated and specified by Prime Minister Dmitry Medvedev for 2017-2019 within the limits of about 25-30 billion rubles annually, i.e. these funds are not as large as it seemed to us earlier,” the vice-premier said. “These funds have been set aside on the basis of the so-called ‘optimal scenario’ proposed by [State Space Agency] Roscosmos,” Rogozin said.

Essentially, they have lowered the budget and pushed back some of the more costly construction at Vostochny until after 2019. Even with these trims, they also note that the budget will still depend on how the Russian economy does in the coming years.

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