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.
The first agreements for Amsterdam’s proposed underground highway have now been reached. These have been made by the Dutch Minister for the Environment and Transport as well as Amsterdam local authority and the province of North-Holland.
Under the agreed terms, the A10 highway will feature 12 lanes of traffic in four 1.2km tunnels under the capital, Amsterdam. The project will also include building metro and rail lines underground.
A series of major highway construction and road repair projects is planned for Serbia. The World Bank (WB), the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have all been in talks with the Serbian Government concerning funding for the work. Funding worth €408.46 million has been approved by the three banks for programme of highway construction and road repairs.
Rebuilding the A-121 route connecting St Petersburg with Sortavala in the Karelia Republic will commence soon. The project is costing US$118.5 million. The work will be carried out over a 20km stretch of the highway and involves widening the roadway so that it features two lanes in either direction. Completion is expected at the end of 2019 and the work will boost the capacity on the route to over 14,000 vehicles/day. The autonomous republic of Karelia remains part of Russia and borders with Finland,
