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.
Road Structures

Related Content

  • Transstroy’s ambitions for Sochi 2014 Olympics and beyond
    September 30, 2013
    Igor Pankin is CEO of Transstroy, one of Russia’s largest transport infrastructure construction companies, a part of Oleg Deripaska’s Basic Element group. Created in 1992, the company has completed major construction projects with a combined worth of more than €4 billion (RUB 121 billion) The Olympic motto, ‘Swifter, Higher, Stronger’, is very appropriate for the Sochi 2014 Winter Olympics – and not just in reference to the action in its stadiums and on its slopes. The city has been transformed from a small
    Read More
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
    Read More
  • Russia’s US$28 billion road and bridge works
    November 29, 2013
    A series of major transport projects worth a combined value of over US$28 billion are set to significantly enhance connectivity between various parts of Russia. These include the Moscow-St Petersburg highway, work to the transport system in the Rostov region and two new bridges: one over the Belaya river in Ufa, the other over the Kama river in Izhevsk. The tender process for the $4.46 billion contract to build, maintain, repair, and operate a section of the Moscow- St Petersburg highway has been announc
    Read More
  • Chile’s new urban highway link
    May 2, 2022
    Nestling in a valley beside the Andes mountain range, Santiago has a growing population and has suffered from increasingly heavy congestion in recent years, requiring a new urban road link for which safety has been set as a priority for drivers - *iRAP reports
    Read More

Highlighted Content