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

  • Road tunnel construction tender to be held in Rostov-na-Donu, south east Russia
    December 14, 2012
    The government of Rostov-na-Donu (South) in south east Russia has adopted a resolution on holding a tender for the right to reach a concession agreement on designing, constructing, and maintaining the Northern tunnel, which will join Rostov-on-Don city centre and a residential area in the north of Rostov-na-Donu municipality. The four-lane road will be 2.5km long. The facility capacity will total up to 60,000 cars per day. The project is estimated to cost €212.85 million (RUB 8.50bn), and the works are exp
    Read More
  • St Petersburg project completion date set
    July 22, 2014
    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.
    Read More
  • Singapore road and tunnel contracts awarded
    May 29, 2018
    Contracts to construct new stretches of road and tunnels forming part of the North-South Corridor (NSC) project have been awarded by Singapore's Land Transport Authority (LTA). When complete in 2026, the NSC will improve connections between Singapore’s city centre and its northern areas. The link will be Singapore’s first integrated transport link, combining the new road connection for motor vehicles with dedicated bus lanes and cycling facilities. A contract worth close to US$603 million will be carried
    Read More
  • Tanzania’s work on East Africa’s multi-national road project
    November 28, 2022
    Tanzania is kick-starting construction work on the missing link in East Africa's multinational road
    Read More

Highlighted Content