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

  • International firms compete in US bridge project tenders
    May 2, 2012
    The Spanish construction firm ACS is tendering for the construction and operation of four bridges in the US. The firm is tendering in partnership with some other US and international firms for some of the projects, which are worth a total of US$11.4 billion. The Tappan Zee project is expected to cost $5 billion and the deal will be for a design and construction contract. The bridge will be located in New York, is being developed by New York State Thruway Authority and will require two, four-carriageway brid
    Read More
  • St Petersburg project completion date set
    July 22, 2014
    In Russia the completion date for the Suzdalsky Prospekt project in St Petersburg has been set for June 2015. The works will see Suzdalsky Prospekt linking with the road to Kamenka. The project is costing some US$124.2 million. The project is being carried out by contractor Dendorstroy-2, with construction having commenced in 2011. The project was originally scheduled to finish in 2013 but was postponed for a year due to issues relating to financing.
    Read More
  • New bridge for St Petersburg
    March 2, 2012
    A new US$181.7 million bridge is due to be built in the Russian city of St Petersburg.
    Read More
  • Vietnam beltway deal agreed
    June 26, 2023
    Work for a key Vietnam beltway deal has been agreed
    Read More

Highlighted Content