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

  • Algerian highways deals done
    November 20, 2014
    Algeria’s national motorway agency (ANA) has revealed that the cost of the East-West motorway amounted to US$13 billion rather than the $12 billion originally planned. The cost of maintenance is between $23.65 million and $35.5 million/year. Before the end of 2015, road information signs providing real time information are expected to be set up. In all, 48 tollbooths and 22 maintenance and operation centres are already in place. The cost of the tolls have yet to be set. Meanwhile, the construction of a 120k
    Read More
  • New safety barrier solutions protect road users
    February 21, 2012
    Novel safety barrier solutions are coming to market, writes Mike Woof The safety barrier market is a focus for innovative products designed to meet a range of different applications. The diverse range of vehicle types on the road poses numerous technical challenges to barrier manufacturers. At the same time, different applications such as motorcycle safety, end treatments, bridge barriers and roadside obstacle protection require novel solutions. Although motorcycles account for only a small proportion of ve
    Read More
  • The March of the Urban Low-emission Zone
    April 17, 2018
    Europe’s political patchwork is getting a low-emission zone overlap, according to Malcolm Kent* By now, pretty much everybody in the industry will be aware of the Low Emission Zone in London, UK. But awareness of similar European zones about to start or expand might be more patchy. The background to all of these schemes is the problem of air quality, particularly European Union rules setting limits on acceptable pollution levels. It was found some years ago that several member states’ cities, including
    Read More
  • Slovakian tunnel in funds dispute
    March 16, 2012
    There are questions over the funds available for Slovakia’s Visnove Tunnel project. A former Transport Minister believes that the Transport Ministry will face challenges finding €664 million needed to build the tunnel, which forms part of the D1 highway.
    Read More

Highlighted Content