Avtodor tender for new section of Moscow-St. Petersburg road

Russian state company Avtodor is to announce a tender for a new €3.42 billion (RUB 149.1 billion) section of Moscow-St. Petersburg toll highway. The new section will be between the road's 334th and 543rd kilometres, which passes through the Tver (Central) and the Novgorod (North-West) regions. Avtodor will hold a Dutch auction. Private investments will account for about €229.07 million (RUB 10bn) of the project's financing (own and borrowed funds in equal measures), and the remaining funds will come from th
August 6, 2013 Read time: 1 min
The under construction Moscow - Saint Petersburg toll highway
Russian state company 3974 Avtodor is to announce a tender for a new €3.42 billion (RUB 149.1 billion) section of Moscow-St. Petersburg toll highway.

The new section will be between the road's 334th and 543rd kilometres, which passes through the Tver (Central) and the Novgorod (North-West) regions. Avtodor will hold a Dutch auction. Private investments will account for about €229.07 million (RUB 10bn) of the project's financing (own and borrowed funds in equal measures), and the remaining funds will come from the budget and the State Investment Fund. Launch of the highway is scheduled for 2018.

A private investor will operate the road until 2039. During this time, the government will make maintenance payments to the investor, in order to cover expenses on road maintenance and repairs.
Road Structures

For more information on companies in this article

Related Content

  • Middle East financing for Moscow’s new toll route
    June 12, 2018
    Financing from the Middle East is helping to build the first toll road in Russia’s capital Moscow – Eugene Gerden reports. The first toll road within the Russian capital Moscow will be built this year with financing from a consortium comprising Russian and Arabian investors. This was revealed officially in a recent statement from the Moscow City Government. The heart of the project involves building a relief road for Kutuzovsky Prospekt, a major radial avenue in Moscow, which is known for its luxury stores
    Read More
  • Alleviating Moscow's ring road congestion
    April 10, 2012
    The US$10.5 billion CKAD (Moscow Region Ring Road), being planned and procured under the direction of the Ministry of Transport of Russia, is just one of the roads highlighted at the Moscow Forum.
    Read More
  • Alleviating Moscow's ring road congestion
    February 20, 2012
    The US$10.5 billion CKAD (Moscow Region Ring Road), being planned and procured under the direction of the Ministry of Transport of Russia, is just one of the roads highlighted at the Moscow Forum.
    Read More
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
    Read More

Highlighted Content