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

  • Russia road deal for Sibmost
    August 10, 2018
    The Russian construction firm Sibmost is to handle contract to build a stretch of the M5 Highway in the Republic of Bashkortostan (Volga). The deal is worth US$102.2 million and is for a 16km section of the highway. The project involves rebuilding the existing roadway and widening the route so that it will feature two lanes in either direction, boosting capacity and safety. The M5 (E30) highway provides an important route across Russia. It provides a transport connection from Ufa, the capital of the
  • Russian bypass project planned
    February 18, 2022
    A major Russian bypass project is being planned.
  • Europe-Asia road link
    February 9, 2017
    The governments of China, Kazakhstan, Belarus and Russia have finally approved a project for the building of a new transcontinental road, which will connect Asia and Europe. The new route is much-needed and will speed the transportation of cargo between the two continents, according to Maxim Sokolov, Russia’s Minister of Transport. The idea for the building of the road was first proposed by the European Commission around 2005. It was prompted by the ever growing volume of trade between the EU and Chin
  • Malayasian road projects move ahead
    January 19, 2023
    Progress is being seen on Malayasian road projects.