Western High-Speed Diameter (WHSD) contract in St Petersburg annulled

Vice Governor of St.Petersburg Sergey Kozyrev has reported that an agreement with the Vozrozhdenie group of companies on construction of the northern section of the Western High-Speed Diameter (WHSD) can be annulled after a failure to complete the works on time. Another subcontractor is reported to be likely to complete construction of the multi-million dollar toll highway project in St Petersburg. Vozrozhdenie says delays were caused by non-payment for works already implemented. According to Vozrozhdenie,
November 6, 2012 Read time: 1 min
Vice Governor of St.Petersburg Sergey Kozyrev has reported that an agreement with the 6442 Vozrozhdenie group of companies on construction of the northern section of the Western High-Speed Diameter (WHSD) can be annulled after a failure to complete the works on time.

Another subcontractor is reported to be likely to complete construction of the multi-million dollar toll highway project in St Petersburg. Vozrozhdenie says delays were caused by non-payment for works already implemented. According to Vozrozhdenie, the authorities must address their claims to Mostootryad-19, the project’s primary contractor. The latter won a tender for construction worth US $ 446.19 million (RUB 14bn). Mostootryad-19's debt to Vozrozhdenie is reported to have reached $ 20.33 million (RUB 640mn).

For more information on companies in this article

Related Content

  • Moscow to turn from implementation of Fourth Ring Road project
    January 5, 2016
    The Moscow City Government plans to complete building of the North-East and North-West Chords, two of the biggest road building projects in the city for the last 15 years The links will be completed during the next several months, according to an official spokesman of the Moscow Government. Both roads are considered as a cheaper alternative to the Fourth Ring Road, the construction of which was considered by the Moscow Government several years ago. However due to huge costs, which are estimated at mo
    Read More
  • Russia's road map ahead
    March 5, 2012
    Overall, Russia is to benefit from a major highway investment programme. The Federal Transport Development Programme will feature a budget of $21.5 billion for the 2010-2015 period. Some $15.1 billion is to be allocated for highway construction and repairs. Russian city St Petersburg and the surrounding the Leningrad region will see the start of major investment in infrastructure during 2011. The road sector will benefit strongly, with projects underway including the southern section of the Western High Spe
    Read More
  • Opening St Petersburg's key tollway ring road
    May 15, 2012
    A new section of Western High Speed Diameter (WHSD) highway from the Ring Road (KAD) to the Hyundai plant in Kamenka, has been opened to traffic in St Petersburg. The WHSD and KAD interchange will be completed by 2012 when the entire third phase of the highway will be built. The US$7.23 billion WHSD Tollway in the city is sponsored by the Federal Road Agency and it is said to be one of the most important means of solving the city’s transport problems. It is a strategic investment project to develop the ci
    Read More
  • Rotenberg’s Mostotrest to fight for $5 billion Russia’s road-building contract
    December 2, 2013
    Interest is strong in one of Russia’s premier projects for road infrastructure - Eugene Gerden reports The State Company Russian Highways (Avtodor) has officially announced a tender for the construction of the sixth - and longest - section of the Moscow - St Petersburg highway. Avtodor is Russia’s leading company in the field of development of national road infrastructure, while this is one of the largest and most controversial projects in Russian road building in recent years. The 6th section of the
    Read More

Highlighted Content