EBRD backs Russian project

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.
April 25, 2012 Read time: 1 min
The 1166 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. The Federal Investment Fund will provide a further ROUBLE2.64billion (US$1.64billion). On completion, the total length of the motorway will be 46.6km, including 21.51km of earthworks, 2.36km of open cut, and 22.34km of engineering structures. It will feature 14 interchanges at different levels and unique bridge structures with 45m clearance over the Sea channel and 35m clearance over the Korabelny navigation channel. The structures will be the first of their type in Russia.
Road Structures

For more information on companies in this article

Related Content

  • €180 million for Bosnia highway
    July 6, 2012
    The EBRD is investing in the largest infrastructure project in Bosnia-Herzegovina (BiH) to date by lending €180 million to the state to construct key sections of the Trans-European Corridor Vc. A key transport artery linking BiH with the rest of Europe, Corridor Vc starts in Budapest, Hungary and ends in the Adriatic Port of Ploce in Croatia. It runs north to south through the centre of BiH, and is the most strategically important link for regional trade and economic development. The €180 million EBRD finan
    Read More
  • Vinci picks up Lafonataine Tunnel work
    August 12, 2020
    The renovated tunnel is expected to have about 40 years of life.
    Read More
  • St Petersburg link may include tunnel
    September 28, 2017
    A new alignment is being considered for a major project in Russia’s second city, St Petersburg. A tunnel stretch running under the Neva River is being considered as an alternative route for the Eastern High Speed Diameter (EHSD) project. This tunnel would take the place of the fixed bridge, which has been criticised by some for its impact on the city’s skyline. However building the tunnel would increase the cost of the project by around US$52 million.
    Read More
  • St Petersburg link may include tunnel
    September 28, 2017
    A new alignment is being considered for a major project in Russia’s second city, St Petersburg. A tunnel stretch running under the Neva River is being considered as an alternative route for the Eastern High Speed Diameter (EHSD) project. This tunnel would take the place of the fixed bridge, which has been criticised by some for its impact on the city’s skyline. However building the tunnel would increase the cost of the project by around US$52 million.
    Read More

Highlighted Content