Skip to main content

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.

Related Content

  • Russian road deals
    February 24, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of co-operation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD).
  • Russian road rebuilding for Siberia
    February 4, 2019
    Russia is spending heavily on improving roads in Siberia’s Novosibirsk Region during 2019. Federal funding worth US$75 million will be used to pay for work in the Novosibirsk Region. The work includes carrying on with work for the Eastern Bypass around Novosibirsk and rebuilding a stretch of the R-254 Irtysh Federal Highway in Kochenevo District, lying to the west of Novosibirsk. Phase I of the Eastern Bypass is 14km long and should be complete in 2021. Work on Phase II of the Eastern Bypass is due to comme
  • Black sea countries complete preparations for implementation of Black Sea Ring project
    August 23, 2016
    The Black Sea Ring Road project will improve transport connections for the region - Eugene Gerden writes. Russia has officially started implementation of a project, known as the Black Sea Ring Road, which involves building a four-lane highway system connecting the countries surrounding the Black Sea. The Black Sea Ring Road is a substantial project, a highway measuring some 7,140km in all. Among the countries participating in the project are Turkey, Georgia, Russia, Ukraine, Moldova, Romania, Greece and
  • Moscow city government to build relief roads and highways
    June 6, 2016
    Moscow’s congestion problems need addressing but there are different solutions that could provide the answer – Eugene Gerden writes Moscow’s city government is considering building relief roads to ease congestion on the city’s key roads and highways. This plan has been revealed by recent statements from Marat Khusnullin, deputy mayor for urban policy and construction of the Moscow city government.