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

  • Vietnam discusses highway projects with World Bank
    February 29, 2012
    Vietnam's Ministry of Transport has given its approval for the six-lane Thanh Hoa-Ninh Binh highway project, which will follow the PPP model.
    Read More
  • Russia’s US$28 billion road and bridge works
    November 29, 2013
    A series of major transport projects worth a combined value of over US$28 billion are set to significantly enhance connectivity between various parts of Russia. These include the Moscow-St Petersburg highway, work to the transport system in the Rostov region and two new bridges: one over the Belaya river in Ufa, the other over the Kama river in Izhevsk. The tender process for the $4.46 billion contract to build, maintain, repair, and operate a section of the Moscow- St Petersburg highway has been announc
    Read More
  • Ho Chi Minh City pushes ahead with Thu Thiêm Bridge 4 project
    April 18, 2017
    Authorities in Vietnam’s southern Ho Chi Minh City are seeking prime ministerial approval for the nearly 2.2km-long Thu Thiêm Bridge 4 project. The six-lane bridge will cost more than US$230 million and be a build-transfer contract, according to a report in the Vietnam Investment Review. In September, Ho Chi Minh’s City’s People’s Committee said it is considering three investors for the work - Phát Đạt Corporation Real Estate Development, Investment Corporation 620 and 168 Construction Development Investmen
    Read More
  • Moscow’s first toll road is being planned
    May 21, 2013
    In Russia’s capital Moscow the finishing touches are being put to a plan to construct the city’s first tolled link. The northern relief road for Kutuzovsky prospect is expected to cost US$1.91 billion to build and will stretch a distance of 10.3km. The tender process for the concession package is being prepared at present and is expected to open for bids shortly. Once complete the new link will connect Moscow’s business centre with Molodogvardeyskaya junction. Meanwhile in the Russian city of Tula, some 193
    Read More

Highlighted Content