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

  • US$700 million for new Argentina bridge
    November 27, 2023
    A US$700 million loan is helping pay for new bridge in Argentina.
    Read More
  • The island of Mauritius is benefiting from new road links
    December 11, 2013
    The island of Mauritius is looking to expand its road links with upgraded highway infrastructure Aseries of road improvements are underway on the scenic island of Mauritius, which lies in the Indian Ocean around 2,000km off the coast of South-east Africa. Called the Road Decongestion programme, this has been set up by the Mauritius Government in a bid to improve transport and safety in this small island nation.
    Read More
  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More
  • Thailand highway and bridge projects underway
    September 27, 2017
    Plans are being up in Thailand’s capital Bangkok for a new expressway project in a bid to cut the city’s chronic congestion problem. This new route would provide a connection between the Western Outer Ring Road and Rama II Road. The project is being planned by the Expressway Authority of Thailand (Exat). Financing for the project worth US$918.3 million will be provided by the Thailand Future Fund (TTF). The new route will include an elevated stretch from Rama II's traffic island towards the Western Outer Ri
    Read More

Highlighted Content