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

  • Difficult decisions on projects in the UK
    November 25, 2022
    There are difficult decisions to be made on road projects in the UK.
    Read More
  • Ecuador road project restarting
    May 8, 2017
    Work on a major road project in Ecuador now looks set to restart now that a financing package for the work has been determined. The Circunvalacion Norte ring road in the city of Cuenca is expected to cost US$520 million, with the plans calling for three lanes in either direction along a 6km section between Guangarucho and the Panamericana Norte motorway. The route will measure 50km in all and will be tolled, with the project now looking set to be carried out under a concession model. The project is not allo
    Read More
  • Doha’s massive ring road expressway project
    July 10, 2019
    The huge Doha ring road project will help decongest the city and improve transport for Qatar
    Read More
  • Questions and delays afflict some key Indonesian transport project
    March 28, 2014
    Indonesia’s transport expansion programme is seeing new projects commence, but others afflicted by questions over feasibility and delays. Questions over the economic feasibility of the proposed Sunda Strait Bridge project have been raised by the Public Works Ministry. This mega-project is intended to provide a road link between Sumatra and Java. But construction of the 30km structure could cost up to US$23 billion and might not be fully recovered, even if the investor collects toll fees under a 100-year con
    Read More

Highlighted Content