Russian road tenders faced problems in 2016

Russian road project construction tenders faced a series of serious problems in 2016. Around 30% of the tenders planned in 2016 actually fell through, according to the road agency FAS. The tenders were worth some US$4.78 billion. However the FAS intends to ensure that the majority of the road project tenders for the 2017-2019 period go through. The FAS is also intent on tackling cartels operating in the road construction sector and introduce fair competition to the industry.
April 4, 2017 Read time: 1 min
Russian road project construction tenders faced a series of serious problems in 2016. Around 30% of the tenders planned in 2016 actually fell through, according to the road agency FAS. The tenders were worth some US$4.78 billion. However the FAS intends to ensure that the majority of the road project tenders for the 2017-2019 period go through. The FAS is also intent on tackling cartels operating in the road construction sector and introduce fair competition to the industry.
Road Structures Finance & Funding

Related Content

  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • Huge investment for Moscow’s motorway routes
    May 1, 2015
    Huge investments being made in building several outbound routes in Moscow and the Moscow region – Eugene Gerden writes. Up to US$20 billion (900 billion Roubles) will be invested in the building of several outbound routes in Moscow and the Moscow region during the next few years, according to an official spokesperson of the Russian Ministry of Transport. It is planned that the routes will be built as flyovers above the railroad tracks in the Yaroslavl, Kazan, Riga and Paveletskaya directions of the
    Read More
  • Khabarovsk Bypass to raise transit potential of Russian Far East
    March 13, 2017
    Khabarovsk Bypass to raise transit potential of Russian Far East – Eugene Gerden writes The Russian Government, together with the government of Khabarovsk Territory, an administrative capital of the Far East, have announced the completion of preparations for the building of a new road. The Khabarovsk Territory is located 30km from the Chinese border, at the confluence of the Amur and Ussuri Rivers. This new highway will boost the transport potential for the Russian Far East and will improve the traffic s
    Read More

Highlighted Content