Skip to main content

€802.65mn Vladivostok ring road design taking shape

The firm tasked with drawing up a ‘design concept’ for a ring road for the far eastern port city of Vladivostok say their pre-project report research will be completed in December 2013. Giprostroymost St. Petersburg is working within a plan for a 22km long ring road expected to cost around €802.65 million (RUB35 billion). The project cost is likely to increase considerably if overwater construction is deemed necessary. Vladivostok city authorities expect support from the federal budget. If the national g
October 25, 2013 Read time: 1 min
The firm tasked with drawing up a ‘design concept’ for a ring road for the far eastern port city of Vladivostok say their pre-project report research will be completed in December 2013.

Giprostroymost St. Petersburg is working within a plan for a 22km long ring road expected to cost around €802.65 million (RUB35 billion). The project cost is likely to increase considerably if overwater construction is deemed necessary. Vladivostok city authorities expect support from the federal budget. If the national government fails to sponsor the project, foreign investment may be raised through concession agreements.

Related Content

  • China to set up “international courts” for Belt and Road disputes
    February 6, 2018
    China plans to set up an “international court” for settling disputes among companies participating in Belt and Road transportation infrastructure work, according to Chinese media. The Global Time newspaper – with strong links to the communist government – reported that Chinese companies are facing more foreign-related lawsuits as they step up investment and business in countries covered by Beijing’s Belt and Road Initiative. The report called Belt and Road “a brainchild of Xi”, referring to Xi Jinping
  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
  • Mostostal Warszawa makes lowest bids in Poland’s S9 tenders
    November 24, 2017
    A Mostostal Warszawa consortium has reportedly made the lowest bids to build three sections of the S19 from Nisko to Sokolow Malopolski in south-eastern Poland. The consortium’s bid was just over €187 million in total. Other bids which were received from a Strabag consortium and a Budimex consortium.
  • Our connected and automated future to go under the microscope at RA – IRF Sydney Conference
    May 10, 2018
    As industry and governments around the world continue to grapple with the challenges of vehicle automation, experts will gather in Sydney at the end of May to take stock of progress on the global journey to a new era of mobility. The two-day 2018 Roads Australia (RA) – IRF Regional Conference for Asia and Australasia, to be held over May 31st and June 1st, marks only the second time the two organisations have co-hosted an international event ‘down under’. And with RA playing a key role in helping inform t