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

  • Authorities plan road safety improvements for Morocco and Thailand
    September 14, 2012
    Both in Thailand and Morocco the authorities are looking separately at ways in which road safety can be improved. The two countries face similar problems with regard to road safety and have, independently, embarked on similar paths with a view to resolving the issue. Morocco’s Works and Transport Ministry is setting up a think tank that will attempt to tackle the country’s growing rate of road fatalities.
    Read More
  • Construction work will start shortly on major Indonesian tollroad
    July 22, 2013
    In Indonesia the country’s government intends to speed up preparations for the massive Trans Sumatra tollroad project. This 2,700km highway link is costing close to US$30 billion and much of the work will be carried out by the state-owned contractor, Hutama Kaya. Construction will commence in late-September 2013 and the project is scheduled to be fully open by 2025. This highway will connect all 10 provinces in Sumatra Island through Aceh-Lampung. Phase one of the project is for the construction of four sec
    Read More
  • Costa Rica flyover project due for completion
    May 20, 2019
    The first section of a key road project in Costa Rica will be completed in late 2019. The work is for the 2.25km-long flyover on the Northern Ring Road (Circunvalacion Norte). This first section being opened will provide a connection between the Leon XIII and the Calle Blancos routes. The first four stages of the Circunvalacion Norte project are costing around US$163 million to construct, with the flyover stretch being the most costly and complex portion of the work. Funding from the Central American Bank
    Read More
  • New highway investment for Moscow
    September 16, 2014
    A series of highway projects are either underway or being planned in Russian capital Moscow. Russian road authority Avtodor is inviting bids for construction and maintenance of the Central Ring Road's fifth start-up facility in the Moscow region. The road section will be 76km long and the concession package will be for 24 years. The maximum price of the contract has been set at US$1.14 billion. Is also opening bids for construction of the M11 Moscow-St Petersburg motorway's 208-258 km section. The project w
    Read More

Highlighted Content