Povolzhupravtodor, a subsidiary of the Russian Federal Highway Agency, has announced a tender for major repairs of a 25km long section of Russia’s M5 Ural highway in the Samara area of Volga. The contract is estimated to be worth US $ 43.16 million.
September 11, 2012
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Povolzhupravtodor, a subsidiary of the Russian 2865 Federal Highway Agency, has announced a tender for major repairs of a 25km long section of Russia’s M5 Ural highway in the Samara area of Volga. The contract is estimated to be worth US $ 43.16 million.
The European Bank for Reconstruction and Development (EBRD) intends to provide a US$277 million (€200 million) loan to the Northern Capital Highway consortium, which will build the central 11.5km section of St Petersburg’s Western High Speed Diameter (WHSD) route. The EBRD’s board of directors has said will consider the loan on 14th February 2012. The finance package is of note as Russian road projects have largely found funds from other sources so far. The Northern Capital Highway consortium estimates the
Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes
The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB).
Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
