St Petersburg ring road deal

The authorities in St Petersburg have agreed a finance package for the central link for the city's Western High Speed ring road project
March 5, 2012 Read time: 1 min
The authorities in St Petersburg have agreed a finance package for the central link for the city's Western High Speed ring road project. In total this project is expected to cost in the order of €3.32 billion (US$4.59 billion) and will improve transport around St Petersburg and its connections with capital Moscow as well as other cities. The bidding process will commence on 29th March 2011, with the winner being selected in July and the contracts for the PPP agreement due to be signed in October of this year. Given the size of the deal it seems likely that joint ventures and partnerships involving a mixture of Russian and international contractors will tender for the project.

Related Content

  • Implementation of road building projects in Russia’s Moscow may be significantly delayed
    May 15, 2014
    Implementation of some large-scale investment projects for road building in Russia’s capital Moscow may be significantly delayed A series of major documentation issues are the cause of the problem. These have delayed projects for up to nine tenders on the total sum of US$2.6 billion (95 billion rubles), with anomalies having been found by the Russian Federal Anti-Monopoly Service.
    Read More
  • Russian road projects for St Petersburg and Moscow
    May 16, 2018
    Contractor VAD now looks likely to carry out rebuilding work for the northern stretch of St Petersburg’s Ring Road. This section of the ring road runs between the Priozerskoye Highway and the Western High-Speed Diameter route. VAD’s bid for the 14.3km stretch has received approval from the tender commission. The work will cost just over US$100 million to be carried out and should be complete by November 2020.
    Read More
  • Russia’s US$28 billion road and bridge works
    November 29, 2013
    A series of major transport projects worth a combined value of over US$28 billion are set to significantly enhance connectivity between various parts of Russia. These include the Moscow-St Petersburg highway, work to the transport system in the Rostov region and two new bridges: one over the Belaya river in Ufa, the other over the Kama river in Izhevsk. The tender process for the $4.46 billion contract to build, maintain, repair, and operate a section of the Moscow- St Petersburg highway has been announc
    Read More
  • Russia's road map ahead
    March 5, 2012
    Overall, Russia is to benefit from a major highway investment programme. The Federal Transport Development Programme will feature a budget of $21.5 billion for the 2010-2015 period. Some $15.1 billion is to be allocated for highway construction and repairs. Russian city St Petersburg and the surrounding the Leningrad region will see the start of major investment in infrastructure during 2011. The road sector will benefit strongly, with projects underway including the southern section of the Western High Spe
    Read More

Highlighted Content