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

  • New tunnel planned for Sydney, Australia
    February 2, 2021
    An important new tunnel project is planned for Sydney, Australia.
  • Sri Lanka benefiting from external highway investment
    July 16, 2013
    Key highway projects in Sri Lanka are now moving forward. Chinese investment will finance a new tolled highway in Sri Lanka. The project for the US$1.5 billion tolled highway is being handled jointly by China Merchants Hua Jian Highway Investment Company and China Merchants Holdings (International) Company. The agreement is to build and operate the highway over a 25-30 year period, and which will be constructed in four separate phases. The first phase will be from Enderamulla to Ambepussa, with the second f
  • Foreign financing to fund Nepalese tunnel
    May 22, 2014
    Foreign financing will help fund Nepal’s Kathmandu-Kulekhani-Hetaudi Tunnel Highway project. The 58km highway is expected to cost some US$375 million in all and Nepal Purbadhar Bikash Company (NPBCL) plans to raise some $273.5 million of this from foreign investors. This move comes after it NPBCL to secure funding from local investors for the project. Part of this new plan will include NPBCL lowering equity contribution from the general public and promoters to 20% from the previous 50%. NPBCL seeks to have