Skip to main content

Ukraine's latest route

Plans are in hand in the Ukraine's Crimea area for a new 93km highway. This route will connect Gvardeyskoe, Gluboky Yar and Yalta and will include a 7km section of tunnel running under Mount Ai-Petri. The project is expected to cost in the region of US$1.5 billion (€1.04 billion) to construct.
May 3, 2012 Read time: 1 min
Plans are in hand in the Ukraine's Crimea area for a new 93km highway. This route will connect Gvardeyskoe, Gluboky Yar and Yalta and will include a 7km section of tunnel running under Mount Ai-Petri. The project is expected to cost in the region of US$1.5 billion (€1.04 billion) to construct. Building the new highway will reduce journey times by cutting the distance drivers have to travel along the route by as much as 30km.

Related Content

  • Mexico’s new highway for Oaxaca
    May 3, 2023
    Mexico’s Oaxaca State is to benefit from a major new highway link – Mauro Nogarin and Mike Woof report
  • Legacy Way underground road tunnel in Brisbane to cost US$1.57bn
    November 21, 2012
    The 5km Legacy Way underground road tunnel in Brisbane, Australia will cost US$1.57 billion (AUD 1.50bn). Brisbane City Council (BCC) will borrow US$ 1.04 billion (AUD 1bn) from the Queensland Treasury Corporation (QTC) on a 30-year loan to help fund the works. Meanwhile the federal government will contribute US$520.92 million (AUD 500mn) to the project. The tunnel is expected to carry 24,000 cars a day when it opens in 2015. The Clem 7 and Airport Link are two tunnels already operating in Brisbane.
  • Building a major Turkish highway project
    August 15, 2018
    The North Marmara Motorway Project in Turkey has been a major focus for project financing, as well as for novel technical solutions for its construction. This mega infrastructure project is intended to boost transport connectivity between the European and Asian sides of Turkey International law firm Winston & Strawn LLP has advised on major project financing for two sections of the highway. The structure for implementation of the Project is based on the build-operate-transfer (BOT) concession model. The
  • Armenia north-south highway route
    October 9, 2017
    Plans are being drawn up in Armenia for the new North-South Highway project.