Funding pledge boost for St Petersburg city centre bypass plans

St Petersburg’s city centre bypass is a vital step closer to being realised after the Russian city’s committee on economic policy and strategic planning said it will be submitting proposals for co-financing of the project to the Ministry of Transport. The bypass highway, earmarked to be built along the Obvodny Canal, is expected to cost US$1.53 billion (RUB 50 billion). An application for federal budget funds will likely be filed in 2014. The project, which stipulates construction of embankments, bridges,
November 11, 2013 Read time: 1 min
St Petersburg’s city centre bypass is a vital step closer to being realised after the Russian city’s committee on economic policy and strategic planning said it will be submitting proposals for co-financing of the project to the Ministry of Transport.

The bypass highway, earmarked to be built along the Obvodny Canal, is expected to cost US$1.53 billion (RUB 50 billion). An application for federal budget funds will likely be filed in 2014. The project, which stipulates construction of embankments, bridges, and a tunnel system, will not be implemented earlier than 2018.
Road Structures

Related Content

  • Honduras boosts its road budget for 2016
    December 18, 2015
    The Ministry of Infrastructure has boosted its budget for 2016 to US$1.65 billion, an increase of $60.2 million over last year. According to a report by La Prenza, road projects include renovation of around 69km of the Tegucigalpa-Catacamas route and continuation of the San Francisco de la Paz-Puerto Castilla road. The ministry also said it will improve 80km of rural roads in indigenous areas and will undertake 332km of refurbishment on other roads. Earlier this month, World Highways reported that
    Read More
  • Siberian highway improvement project planned
    May 12, 2021
    A massive Siberian highway improvement project is planned.
    Read More
  • IRF calls for green initiatives to benefit infrastructure
    March 14, 2012
    *Susanna Zammataro introduces the range of issues addressed by IRF Geneva’s very active Environment Committee. Achieving sound environmental and sustainability outcomes has long been an integral part of IRF members’ policy and practice.
    Read More
  • Bosnia Herzogovina highway project receiving EBRD loan
    September 12, 2018
    A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe. The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
    Read More

Highlighted Content