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

  • Tartu starts Riia-Vaksali project
    May 1, 2020
    Estonia’s second largest city gives a facelift to one of the busiest intersections.
    Read More
  • NSW Australia investing in transport
    June 20, 2013
    Australia’s New South Wales (NSW) Government has outlined its massive transportation investment in the WestConnex project. This will be the largest urban transport project in the history of New South Wales. Some A$1.8 billion will be invested over four years from Restart NSW, the state’s new infrastructure fund. to finance the WestConnex project. And A$111 million will be committed in 2013-14 to get work underway on the 33km motorway. The NSW Government will fund the initial sections of the motorway. Privat
    Read More
  • Maintenance works package for St Petersburg ring road awarded
    October 19, 2012
    The contract for maintenance of the St Petersburg Ring Road has been awarded to PO RosDorStroy. The deal is worth some US$183 million and will run until mid-2018 and the ring road (KAD) has been maintained by PO RosDorStroy since construction commenced. The deal was awarded by the Directorate of St Petersburg Transport Bypass Construction (DSTO).
    Read More
  • US$5.26 billion earmarked for new Greater Bangkok ring roads in Thailand
    January 4, 2013
    A total of US$5.26 billion (THB 160bn) will be set aside for new ring roads covering 254kms across Greater Bangkok as part of new infrastructure investment in Thailand over the next few years. The works are among a number of key transport infrastructure projects planned after the expected approval of a draft bill from Thailand’s Fiscal Policy Office agreeing new debt of $71.95 billion (THB 2.2trn). The bill is scheduled to take effect in the year beginning October 2014. Under the proposed bill, the Finance
    Read More

Highlighted Content