Russian road bridge project faces challenges

In Russia an additional investment worth close to US$30 million is required to complete work on the new Kirovsky Bridge in Samara. However, the authorities in the Samara region have revealed that there is a problem with regard to financing the construction work. The funds from the 2015 regional budget are insufficient to pay for the remaining portion of the work. As a possible solution, the authorities in the Samara region are looking to the Russian Federal Government to provide the additional funds require
December 2, 2014 Read time: 1 min
In Russia an additional investment worth close to US$30 million is required to complete work on the new Kirovsky Bridge in Samara. However, the authorities in the Samara region have revealed that there is a problem with regard to financing the construction work. The funds from the 2015 regional budget are insufficient to pay for the remaining portion of the work. As a possible solution, the authorities in the Samara region are looking to the Russian Federal Government to provide the additional funds required. The bridge should be completed in 2015, as long as the funds can be received in time.
Road Structures

Related Content

  • Thailand highway and bridge projects underway
    September 27, 2017
    Plans are being up in Thailand’s capital Bangkok for a new expressway project in a bid to cut the city’s chronic congestion problem. This new route would provide a connection between the Western Outer Ring Road and Rama II Road. The project is being planned by the Expressway Authority of Thailand (Exat). Financing for the project worth US$918.3 million will be provided by the Thailand Future Fund (TTF). The new route will include an elevated stretch from Rama II's traffic island towards the Western Outer Ri
    Read More
  • Road repair works planned for Guatemala and Honduras
    May 7, 2021
    Road repair works are now being planned for Guatemala and Honduras.
    Read More
  • ARTBA warns of shortfall in funding for US highways
    February 14, 2014
    According to the American Road & Transportation Builders Association (ARTBA), fixing the Highway Trust Fund (HTF) without generating any new revenue will be highly challenging. ARTBA president Pete Ruane told a Senate panel that such a move would require the equivalent of the US Congress passing and the president signing a 2013-level Murray-Ryan budget deal every year. And this would be sufficient just to maintain current highway and transit programme investment levels. According to a new Congressional Bud
    Read More
  • Russia bridge link land issue
    May 5, 2020
    A new Russian bridge link faces a land issue.
    Read More

Highlighted Content