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.
Construction of the Russian stretch of the highway connecting Europe with China should be complete by 2018. This section of the project is costing close to US$22.6 billion. The international transit corridor from Europe to Western China is of key economic significance. The first sections of the Russian portion of the route form part of the new high-speed federal highway M-11 from Moscow to St Petersburg. About 40% of the highway will run through the Volga federal district. The 8,400km long international tra
Transport journalist Eugene Gerden reports on why foreign companies are likely to become keener to invest in Russia’s huge array of major road construction projects The Russian government led by president Vladimir Putin is stepping-up its efforts to get greater foreign company investment in Russian road building by creating favourable trading conditions, including the elimination of bureaucratic and administrative barriers.
Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget. Wh
