Construction consortium conquers in contract for Moscow-St Petersburg highway section

A consortium has won a key construction and concession contract in Russia for a stretch of the Moscow-St Petersburg highway. The construction consortium comprises contractor Vinci and Russian Bank VTB. The deal involves around US$1.7 billion of public financing for the construction phase and some $983 million for operation for the period of the contract. The concession package involves construction of the highway section, as well as operation for a 24 year period. The construction work will be carried out b
May 13, 2014 Read time: 1 min
A consortium has won a key construction and concession contract in Russia for a stretch of the Moscow-St Petersburg highway. The construction consortium comprises contractor 5177 Vinci and Russian Bank 3012 VTB. The deal involves around US$1.7 billion of public financing for the construction phase and some $983 million for operation for the period of the contract. The concession package involves construction of the highway section, as well as operation for a 24 year period. The construction work will be carried out between 2017 and 2017. The 139km highway section will feature four and six lanes at different stretches along its length and the project also involves the construction of 52 bridges in all.
Road Structures

For more information on companies in this article

Related Content

  • Consortium constructing Netherlands contract
    October 10, 2016
    Work is now underway on a major highway contract in the Netherlands, worth a total of €220 million. The project is for the financing, design, construction, management and maintenance of the reconstruction of the A27 highway in the section between Utrecht North and the Eemnes Junction. Also included in the package is the A1 highway between the Eemnes Junction and the Bunschoten-Spakenburg interchange.
    Read More
  • Implementation of road building projects in Russia’s Moscow may be significantly delayed
    May 15, 2014
    Implementation of some large-scale investment projects for road building in Russia’s capital Moscow may be significantly delayed A series of major documentation issues are the cause of the problem. These have delayed projects for up to nine tenders on the total sum of US$2.6 billion (95 billion rubles), with anomalies having been found by the Russian Federal Anti-Monopoly Service.
    Read More
  • Toll charges determined for Moscow-St Petersburg highway
    November 4, 2019
    The toll charges have been determined for Russia’s M-11 highway connecting capital Moscow with St Petersburg.
    Read More
  • St Petersburg ring road deal
    March 5, 2012
    The authorities in St Petersburg have agreed a finance package for the central link for the city's Western High Speed ring road project
    Read More

Highlighted Content