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

  • New Zealand highway proposed
    June 15, 2021
    A potentially controversial tolled highway project has been proposed for New Zealand's South Island.
    Read More
  • Salini Impregilo expands in the US with purchase of Lane Industries
    November 12, 2015
    Italian global infrastructure group Salini Impregilo has agreed to buy 100% of Lane Industries, an American highways contractor and the “top private asphalt producer” in the US. Lane, a family-owned business based in Cheshire, Connecticut, was bought for US$406 million and has a turnover of around $1.5 billion. The company has three divisions: asphalt production, road projects and other infrastructure projects, in domestic and international markets. A statement from Salini said Lane is participating i
    Read More
  • Funding set for Mobile Bridge and Bayway
    December 16, 2022
    US federal money and state funding has been secured for a planned replacement toll bridge across Mobile Bay on the Gulf of Mexico coast in the south-eastern state of Alabama.
    Read More
  • Tunnel plan for British capital?
    May 14, 2014
    A proposal for an orbital tunnel in UK capital London has been put forward and is now being evaluated. The plan calls for a 35km underground ring road in central London that would carry traffic around the city, in a bid to help reduce the capital’s current chronic congestion. Called the Inner Orbital Route, the tunnel project has an estimated cost of €36.8 billion (£30 billion) and would also include two new crossings of the River Thames. Transport for London (TfL) has been tasked with the job of evaluating
    Read More

Highlighted Content