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

  • Maintenance works package for St Petersburg ring road awarded
    October 19, 2012
    The contract for maintenance of the St Petersburg Ring Road has been awarded to PO RosDorStroy. The deal is worth some US$183 million and will run until mid-2018 and the ring road (KAD) has been maintained by PO RosDorStroy since construction commenced. The deal was awarded by the Directorate of St Petersburg Transport Bypass Construction (DSTO).
    Read More
  • Upgraded road connections for Moscow airports
    May 24, 2012
    All three of Moscow’s main airports are to benefit from major upgrades to their road connections. The authorities in the Russian capital have plans to repair and improve eight key connecting roads to Vnukovo, Domodedovo, and Sheremetyevo airports and with a target date for completion in 2015. The first section of the new Moscow - St Petersburg tolled highway forms part of the new route into Sheremetyevo airport and this is due for completion during 2014. In all some US$5.6 billion will be spent on repairing
    Read More
  • New international trade crossing linking Canada and US
    June 9, 2015
    The Detroit River is short, only 45km, and narrow in places, less than 1km. Around a quarter of the annual $658 billion Canada-US trade crosses over the river. That’s $160 billion worth of goods trucked each year between Detroit in the US state of Michigan and the Canadian city of Windsor in the province of Ontario - the Windsor-Detroit Corridor. There are several types of crossings, but the vast majority of commercial traffic must use the 2.3km Ambassador Bridge (see box). A new bridge was initially prop
    Read More
  • Planned Paraguay PPP project postponed
    May 3, 2016
    Bidding for Paraguay’s route II and route VII Ypacarai-Pastoreo road expansion project has been postponed. Instead Paraguay’s Ministry of Public Works and Communications (MOPC) says that the bidding will commence on 29th June 2016. This delay follows requests by some participants in this process. However, this is the fourth time that the opening of the bidding for the project has been delayed.
    Read More

Highlighted Content