The authorities in the Russian city of St Petersburg plan to invest heavily in transport infrastructure. A budget of US$59.24 billion in all has been projected for the necessary work. Final approval has to be given for the budget at this stage.
June 13, 2012
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The authorities in the Russian city of St Petersburg plan to invest heavily in transport infrastructure. A budget of US$59.24 billion in all has been projected for the necessary work. Final approval has to be given for the budget at this stage.
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
Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes
The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB).
Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
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.
Igor Pankin is CEO of Transstroy, one of Russia’s largest transport infrastructure construction companies, a part of Oleg Deripaska’s Basic Element group. Created in 1992, the company has completed major construction projects with a combined worth of more than €4 billion (RUB 121 billion) The Olympic motto, ‘Swifter, Higher, Stronger’, is very appropriate for the Sochi 2014 Winter Olympics – and not just in reference to the action in its stadiums and on its slopes. The city has been transformed from a small
