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

  • St Petersburg city centre to get ‘highway frame’
    August 23, 2012
    Local government leaders in the Russian city of St Petersburg have announced plans for a ‘highway frame’ around the historic city centre. The highway with uninterrupted traffic flow will connect the Primorsky district to Obvodny Canal with an entrance to Western High-Speed Diameter. The project offers to resume bridge construction across the Malaya Neva from Petrogradskaya Storona to Vasilyevsky Island, to reconstruct Obvodny Canal embankments, and to build a highway with a bridge in range of Fayansovaya an
    Read More
  • Extending the life of road assets
    April 7, 2017
    In an opinion piece published by the IRF, Matthew Jordan-Tank, head of infrastructure policy and IPPF, European Bank for Reconstruction and Development (EBRD) has explained that extending the functional life of road assets can be achieved using performance-based contracts. In most developing and merging market economies, roads require rehabilitation, or even reconstruction, many years prior to the expected date. Simply put: usable life is not equal to design life, and it is not uncommon to find that a ro
    Read More
  • Rajasthan Mega Highways boost trade, tourism
    April 12, 2012
    Rajasthan is one of the most favoured tourist destinations of India for both domestic and international traffic on account of its rich array of historical forts, palaces, art and culture. In terms of area, Rajasthan is the country's largest state. Its size and strategic location means that it is traversed by substantial traffic linking the neighbouring states to the north and south. The National Highway (NH) road corridors currently accommodating this traffic are the NH-8, NH-11, NH-12, NH-14 and NH-1
    Read More
  • Rajasthan Mega Highways boost trade, tourism
    February 17, 2012
    Rajasthan is one of the most favoured tourist destinations of India for both domestic and international traffic on account of its rich array of historical forts, palaces, art and culture.
    Read More

Highlighted Content