Skip to main content

Rosavtodor roadshow for highway bridge over Russia’s Lena River

Rosavtodor has held a roadshow for the construction and operation of a highway bridge over the Lena River near Yakutsk in eastern Russia. A public-private partnership project, a starting price for the bridge’s construction has been set at US$1.95 billion (RUB 64 billion). Investments will have at least 5% of the project funds. The bridge is to be engineered and built in six years. Private investors will maintain the bridge for eight years, receiving regular payments from the state amounting to $485.68 milli
August 20, 2013 Read time: 1 min
Rosavtodor has held a roadshow for the construction and operation of a highway bridge over the Lena River near Yakutsk in eastern Russia.

A public-private partnership project, a starting price for the bridge’s construction has been set at US$1.95 billion (RUB 64 billion). Investments will have at least 5% of the project funds. The bridge is to be engineered and built in six years. Private investors will maintain the bridge for eight years, receiving regular payments from the state amounting to $485.68 million (RUB 16bn).

Tender applications for the private partner position will be accepted until 30 August 2013. 3382 Transstroy, Mostovik, the managing construction company Most, 2450 Mostotrest, and 5872 Sibmost have all expressed interest in the project.

For more information on companies in this article

Related Content

  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
  • Moscow to turn from implementation of Fourth Ring Road project
    January 5, 2016
    The Moscow City Government plans to complete building of the North-East and North-West Chords, two of the biggest road building projects in the city for the last 15 years The links will be completed during the next several months, according to an official spokesman of the Moscow Government. Both roads are considered as a cheaper alternative to the Fourth Ring Road, the construction of which was considered by the Moscow Government several years ago. However due to huge costs, which are estimated at mo
  • Challenges and investment opportunities in East Africa transport infrastructure Sector
    November 21, 2014
    East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t