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

  • Serbian highway plans
    March 19, 2012
    Serbian contractor Milos Trans will start work on the Serbia’s Corridor 11 highway during 2012. The firm will carry out work on the stretch running from Preljina to Takovo.
  • Poland plans push-starting project
    February 28, 2012
    In the wake of the difficulties in Poland over the withdrawal of Chinese contractor COVEC from the A2 highway project, the country's government is now looking for a way ahead.
  • Russian regional road revamp building budget
    March 23, 2015
    Regional roads in Russia look set for a revamp during 2015. Some US$6.64 billion will be spent on Russia’s regional roads, according to the Rador association. This compares against the $5.8 billion spent on repairs and revamping of Russia’s regional roads in 2014. The aim is to build and maintain some 1,620km of Russia’s regional roads in 2015, compared with 1,249km achieved in 2014. Russia’s regions allocated $3.23 billion for road repairs and maintenance in 2014. This plan saw improvements to 9,219 region
  • Funding found for New Zealands new links
    June 18, 2015
    Funding worth US$1.54 billion is helping to finance a series of infrastructure projects in New Zealand. Some $980 million will help pay for the half-tunnelled 4.8km Waterview Connection. A further $350 million is being used for the widening of a 10km stretch from St Lukes Rd interchange to Lincoln Rd. A portion of the funding is also being used for upgrading the Maioro motorway interchange in New Windsor. The funds will also pay for the $70 million upgrade of Auckland’s Northwestern Motorway beyond Henderso