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

  • Key contractors win Russian highway rebuild
    December 13, 2013
    In Russia the construction firms Hanty-Mansiyskdorstroy and Volgomost are working on contracts to rebuild the important M5 highway. This route lies motorway in the Republic of Bashkortostan (Volga) and is managed by Samara-Ufa-Chelyabinsk. Hanty-Mansiyskdorstroy’s contract is to rebuild a 15km stretch of the highway and is worth US$128.16 million, with the work due for completion by October 2016. Volgomost is work on a contract worth $189.16 million to rebuild a 14km section of the M5 highway, with its work
    Read More
  • ALARM report on UK’s crumbling roads
    March 18, 2025
    ALARM has published a new report on the UK’s crumbling roads.
    Read More
  • Australia bites the bullet on roads reform
    August 2, 2012
    Predictions of impending doom for Australia's roads infrastructure have given the nation's governments and roads stakeholders the fright they needed to collaborate on roads policy. If the latest initiatives Australia is putting in place do produce the full extent of the roads reform required, there will be some lessons there for the whole world Whether through pride or stubbornness, or a combination of both, each state and territory of Australia has always liked to do things its own way. To some extent and
    Read More
  • PPP key to Spanish project funding
    February 24, 2012
    The regional authorities in the Spanish Andalucia region are looking to the PPP model to develop infrastructure projects.
    Read More

Highlighted Content