Russian road deals

A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of co-operation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD).
February 24, 2012 Read time: 1 min
A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of co-operation has been signed between the state-owned Russian Highways (Avtodor) and the 1166 European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Petersburg as well as the reconstruction of the M4 Don road. By 2019, Russia plans to have invested around ?33 billion (US$47.4 billion) to develop its national transportation system, with a significant proportion being provided by private investors. However, some analysts have criticised plans for Moscow's Central Ring Road, proposed by Avtodor. The original plan was to construct the 521km toll road 50-60km from Moscow, although work has not yet commenced on the project. Some ?5.8 billion ($8.36 billion) will be required as investment in the project by 2015, with work intended to be completed by 2022.
Highway & Network Management

For more information on companies in this article

Related Content

  • Texas Transportation tollway being previewed
    January 31, 2017
    A US$1.5 billion Interstate project is being put forward for approval in the US State of Texas. The LBJ East project is being proposed the city of Dallas and will be an 18km stretch of Interstate 635 that will connect Central Expressway with Interstate 30. The project has been planned by the Texas Transportation Department and is intended to boost capacity in the areas around Lake Highland, Garland, Far East Dallas and Mesquite. The proposed route calls for two of the seven lanes on the widened Interstate s
    Read More
  • US$4.4 billion planned for Indian roads
    February 14, 2024
    US$4.4 billion of works are being planned for two Indian road projects.
    Read More
  • Indonesian road firm PT Hutama Karya bullish
    February 14, 2020
    The state-owned Indonesian road firm, PT Hutama Karya, is bullish with strong results.
    Read More
  • Finnish Motorway Finally finished: Finland's M1
    July 23, 2012
    It has taken a long time to complete, but a vital motorway link is open to traffic as Heikki Harri reports After almost 50 years of construction, the M1 motorway linking Helsinki, the Finnish capital city and Turku, the country's old capital in the southwest, is finally completed. It did not take all 50 years of construction but the first section from Helsinki towards the west was constructed in the mid -1960s. Then there was a pause until mid-1990s when the works resumed section by section. The final sect
    Read More

Highlighted Content