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

  • Bridge of international accord from Russia-China
    May 29, 2018
    A new bridge project joining China and Russia is a sign of international accord between the two nations – Mike Woof writes A new bridge spanning what China calls the Heilongjiang River and which is known as the Amur River in Russia, is a clear sign of an important international accord between the two countries. Discussions over the bridge project were first started between China and Russia in the 1980s, with both nations seeing many changes in leadership since that time. But while the political discussion
    Read More
  • Russia’s Rubles for regional road revolution reduced
    April 15, 2015
    The Russian Government has set a budget of US$1.11 billion which it is allocating for a series of road construction projects in its regions. This federally funded budget for road construction in Russia’s regions in 2015 does represent an increase from the previous year’s spending. In 2014 $1.026 billion was spent on regional road projects. However, the $1.11 billion is still a reduction from the original regional road spending plan for 2015 of 13.3%. The budget has had to be cut due to Russia’s current econ
    Read More
  • Drilling rig for Russian road project
    March 18, 2016
    A Sandvik Construction DQ500 dimensional stone drill rig has proved useful on a road project in Dagestan, Russia. Local contractor, Dagestan Vzryv Stroy, is using the drill rig to work on the reconstruction of the Avar-Kakheti road. The reconstruction of the Avar-Kakheti road began in early 2014. The local authorities were keen to rebuild a section of the 83km route where it runs through mountains in order to connect Russia with Georgia. The economically important project was given a national grade as i
    Read More
  • 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
    Read More

Highlighted Content