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

  • New Zimbabwe highway upgrade being planned
    August 24, 2016
    Plans are in hand for road widening work and surfacing upgrades for a key route crossing Zimbabwe. The highway upgrade is being carried out by a joint venture partnership between Chinese firm China Harbour Engineering Company (CHEC) and Austrian Company Geiger International. This follows agreements being reached between the joint venture partners and the Zimbabwe Government. The work is needed as the existing road links along the route are unable to cope with that current traffic volumes that include a high
    Read More
  • Khabarovsk Bypass to raise transit potential of Russian Far East
    March 13, 2017
    Khabarovsk Bypass to raise transit potential of Russian Far East – Eugene Gerden writes The Russian Government, together with the government of Khabarovsk Territory, an administrative capital of the Far East, have announced the completion of preparations for the building of a new road. The Khabarovsk Territory is located 30km from the Chinese border, at the confluence of the Amur and Ussuri Rivers. This new highway will boost the transport potential for the Russian Far East and will improve the traffic s
    Read More
  • EBRD backs Russian project
    April 25, 2012
    The European Bank for Reconstruction and Development's (EBRD) board of directors has approved a US$260.56m loan for the construction of the central section of the Western High-Speed Diameter (WHSD) in St Petersburg by 2014. Magistral Severnoy Stolitsy (MSS) consortium must invest at least ROUBLE82.86billion (US$2.61billion) in the 11.5km stretch of mostly eight-lane motorway.
    Read More
  • Colombia contract won by consortium
    July 28, 2015
    Colombia’s National Infrastructure Agency (ANI), has awarded a consortium led by Spanish construction firm, Sacyr, a contract for work on the Pasto to Rumichaca highway. The route lies near Colombia’s border with Ecuador. This project forms part of the second wave of 4G road concessions being awarded. A second carriageway will be built for 80km between Ipiales and Catumbuco, with six road intersections, 2.6km of tunnels and 1.5km of bridges, pontoons and viaducts. The SAC 4G consortium comprises Sacyr and H
    Read More

Highlighted Content