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

  • Transstroy’s ambitions for Sochi 2014 Olympics and beyond
    September 30, 2013
    Igor Pankin is CEO of Transstroy, one of Russia’s largest transport infrastructure construction companies, a part of Oleg Deripaska’s Basic Element group. Created in 1992, the company has completed major construction projects with a combined worth of more than €4 billion (RUB 121 billion) The Olympic motto, ‘Swifter, Higher, Stronger’, is very appropriate for the Sochi 2014 Winter Olympics – and not just in reference to the action in its stadiums and on its slopes. The city has been transformed from a small
  • The drive for US road funding: will corporate America get a seat?
    September 13, 2017
    Trumponomics aims to use public money for pump-priming an even greater amount of cash from the private sector to improve America’s crumbling roads. But is political will matching corporate America’s enthusiasm for more private investment, asks David Arminas If there were ever a test case for comparing public-private partnerships and design-build contracts, the recently completed Ohio River Bridges Project is it (see previous article).
  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel