Skip to main content

St Petersburg authorities seek investors for €2.84bn multi-lane city highway

St Petersburg authorities are seeking investors for a proposed €2.84 billion (RUB 133 billion) multi-lane city highway. Further investment worth €104.64 million (RUB 4.9 billion) is sought for paid parking lots in the city centre. Both projects are among a number of new planned infrastructure projects in St Petersburg worth combined more than €5.66 billion (RUB 263 billion). Other projects include a high speed tram connection on the Kirovsky Zavod - Baltic Pearl route, a new ice skating facility, the upg
May 28, 2014 Read time: 1 min
St Petersburg authorities are seeking investors for a proposed €2.84 billion (RUB 133 billion) multi-lane city highway. Further investment worth €104.64 million (RUB 4.9 billion) is sought for paid parking lots in the city centre. Both projects are among a number of new planned infrastructure projects in St Petersburg worth combined more than €5.66 billion (RUB 263 billion).  

Other projects include a high speed tram connection on the Kirovsky Zavod - Baltic Pearl route, a new ice skating facility, the upgrade of Apraksin Yard market space, and the upgrading of maternity clinic #17.

Related Content

  • Vietnam’s massive transport investment programme planned
    April 20, 2017
    Vietnam is setting out plans for a massive programme of infrastructure investment. International investment is being sought, with many of the projects being planned under the PPP model. Transport will be placed as a top priority, with a budget of US$400 billion having been discussed as Vietnam’s transport spending target for the next 10 years. One of the biggest projects will be for the construction of a new highway connecting Vietnam’s two main cities, Ho Chi Minh City and Hanoi. The two cities are some 1,
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
  • Chinese investment
    February 6, 2012
    China's Ministry for Transport reveals that it beat its target for upgrading rural roads during 2009. Some 381,000km of rural roads were improved, beating the target of 300,000km by a considerable margin.
  • Two new road links will help boost Uganda’s economy
    October 3, 2014
    Uganda has unveiled plans for the construction of two road projects considered critical in enhancing the integration of the Eastern African economies and boosting the landlocked country's socio-economic performance - Shem Oirere writes The new Rukungiri–Kihihi–Ishasha/Kanungu and Bumbobi-Bubulo-Lwakhakha roads in Uganda feature a design influenced by the desire to harmonise modern road standards in East Africa. These new links will also cater for the current acute shortage of gravel for road construction