St Petersburg plans road connections spending

The authorities in the Russian city of St Petersburg are setting aside funds for road construction and repairs for 2012.
February 13, 2012 Read time: 2 mins
The authorities in the Russian city of St Petersburg are setting aside funds for road construction and repairs for 2012. The budget is expected to reach US$607.45 million and will be paid for by transport tax returns. However, industry sources suggest that the city authorities would require up to $1.42 billion to fund the work needed. Construction of the new St Petersburg-Moscow toll road is well underway and environmental issues over a particular stretch have been dealt with, according to the authorities. Much of the highway will feature concrete construction, to help deal with the country's severe temperature gradient which sees high temperatures in the summer and low temperatures in winter. In addition, work is ongoing for the new ring road around St Petersburg. Construction of the Orlovsky Tunnel in St. Petersburg will commence in Autumn 2011. The concession holder Nevskaya Kontsesionnaya Kompania will have to first obtain final approval of the State Expert Evaluation Department (Glavgosekspertiza). The company will invest $1.59 billion in the tunnel, which will feature two decks for traffic and provide access to the Ring Road. Nevskaya Kontsesionnaya Kompania will announce the contractor carrying out the construction work by the end of summer 2011. At present, Nevskaya Kontsesionnaya Kompania is holding discussions regarding financing of the project with Sberbank and VEB. The city plans to completely open the tunnel to traffic in 2016.
Road Structures

Related Content

  • Australia sets transport agenda
    February 13, 2012
    The highway authorities in Australia have committed to investing in road infrastructure in Northern Territory, Queensland and South Australia.
    Read More
  • Morocco infrastructure study opening for tender
    April 21, 2016
    Morocco is planning a new infrastructure programme. The country’s Ministry of Equipment, Transport and Logistics is introducing a new tender scheme for a study that will be used to establish the national road infrastructure scheme (Snir) by 2035.
    Read More
  • The US FAST Act: a job left unfinished
    April 4, 2016
    US roads and bridges are crumbling at an alarming rate as state governments wring their hands over the increasingly scarce money for repairs. Enter the FAST Act. But is it enough? US state transportation department officials, as well as highway contractors and operators, breathed a sigh of relief in December. For months the highways infrastructure sector waited anxiously to see where the necessary money for road projects would come from. For several years, the Highways Trust Fund – the usual way of paying f
    Read More
  • Bulgaria plans for operating road infrastructure
    February 21, 2012
    There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
    Read More

Highlighted Content