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

  • Key Russian highway projects in planning
    November 30, 2015
    Construction of the Russian stretch of the highway connecting Europe with China should be complete by 2018. This section of the project is costing close to US$22.6 billion. The international transit corridor from Europe to Western China is of key economic significance. The first sections of the Russian portion of the route form part of the new high-speed federal highway M-11 from Moscow to St Petersburg. About 40% of the highway will run through the Volga federal district. The 8,400km long international tra
    Read More
  • New northern relief road for Moscow
    August 20, 2015
    New Concession Company to build northern relief road of Moscow Kutuzov Avenue – Eugene Gerden writes New Concession Company has won a tender for the building of the Northern relief road of Kutuzovsky Avenue, a major radial avenue in the Russian capital Moscow. The firm is part of Leader company (one of Russia's largest management companies), owned by Yuri Kovalchuk, a well-known Russian businessman, who is reportedly close to Russia’s president Vladimir Putin. It is planned that the building of the n
    Read More
  • St Petersburg road development plan
    May 23, 2019
    The authorities in St Petersburg are setting out plans for a series of road improvement and expansion works. A budget of US$678.6 million has been set to assist in financing the road works. In all 25 road projects are being planned. Two key projects are for building the Yuzhno-Volkhonskaya Road and the Southern Latitudinal Highway (Phase I). Another two key projects are for the upgrades of the the Petrozavodskoye Highway and the Primorskoye Highway (Phase II). All four of these projects should commence in 2
    Read More
  • Increased spending for St Petersburg roads
    May 21, 2012
    The authorities in the Russian city of St Petersburg will spend some US$514.6 million on road construction and reconstruction during 2012. The city authorities will use public and private partnerships to push ahead with planned road infrastructure projects. Private investors will be invited to participate in construction of two highways with bridges across the Neva River, a highway with a bridge at the intersection of Fayansovaya and Zolnaya streets, and the Northern highway #7 connecting Arsenalnaya embank
    Read More

Highlighted Content