Skip to main content

Russia road deal for Sibmost

The Russian construction firm Sibmost is to handle contract to build a stretch of the M5 Highway in the Republic of Bashkortostan (Volga). The deal is worth US$102.2 million and is for a 16km section of the highway. The project involves rebuilding the existing roadway and widening the route so that it will feature two lanes in either direction, boosting capacity and safety. The M5 (E30) highway provides an important route across Russia. It provides a transport connection from Ufa, the capital of the
August 10, 2018 Read time: 1 min

The Russian construction firm 5872 Sibmost is to handle contract to build a stretch of the M5 Highway in the Republic of Bashkortostan (Volga). The deal is worth US$102.2 million and is for a 16km section of the highway. The project involves rebuilding the existing roadway and widening the route so that it will feature two lanes in either direction, boosting capacity and safety.

The M5 (E30) highway provides an important route across Russia. It provides a transport connection from Ufa, the capital of the Republic of Bashkortostan to the cities of Samara and Tolyatti to the west (eventually linking with Moscow), and to Chelyabinsk and the border with Kazakhstan to the east.

For more information on companies in this article

Related Content

  • US$201.5 million loan for Ivory Coast road
    October 7, 2024
    A US$201.5 million loan will help pay for an Ivory Coast road project
  • Nigeria road upgrade to boost capacity
    August 17, 2018
    Nigeria’s Federal Executive Council, (FEC) is giving its approval for an upgrade of the road running from Akwanga to Gombe. The 421km section of the A3 runs between Akwanga, Jos, Bauchi and Gombe and provides an important link between the centre of the country and Nigeria’s north east. A budget of US$973.6 million has been set for the work, which is expected to take four years to complete. The work involves widening the existing two lane highway into a dual carriageway with two lanes in either direction
  • Bolivia’s latest highway project is underway
    May 29, 2018
    Bolivia’s new highway project will improve connections with Brazil and Chile – Mauro Nogarin reports. Work is underway on Bolivia’s new Rurrenabaque – Riberalta highway project, which will boost connectivity for the country. The project is being coordinated by the Bolivian Highway Administration (ABC), with an Eximbank loan of US$579.4 million providing the financing for 85% of the work. The remaining 15% of the funding will come from the Beni Department’s budget, where the route is being built. Located in
  • Russia highway project awarded
    November 16, 2017
    Contractor Sibmost is to handle construction work for the Khabarovsk Bypass project. The new road will provide a link between the A-370 Ussuri, R-297 Amur and A-375 Vostok highways. With the construction of the Amur River bridge crossing also in hand, the new link will help provide improved transport between Russia and China. Discussions over the Amur River crossing between Russia and China first commenced in the 1980s and the project has finally come to fruition. The new tolled highway stretch being built