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

  • Russian regional road revamp building budget
    March 23, 2015
    Regional roads in Russia look set for a revamp during 2015. Some US$6.64 billion will be spent on Russia’s regional roads, according to the Rador association. This compares against the $5.8 billion spent on repairs and revamping of Russia’s regional roads in 2014. The aim is to build and maintain some 1,620km of Russia’s regional roads in 2015, compared with 1,249km achieved in 2014. Russia’s regions allocated $3.23 billion for road repairs and maintenance in 2014. This plan saw improvements to 9,219 region
    Read More
  • Upgraded road connections for Moscow airports
    May 24, 2012
    All three of Moscow’s main airports are to benefit from major upgrades to their road connections. The authorities in the Russian capital have plans to repair and improve eight key connecting roads to Vnukovo, Domodedovo, and Sheremetyevo airports and with a target date for completion in 2015. The first section of the new Moscow - St Petersburg tolled highway forms part of the new route into Sheremetyevo airport and this is due for completion during 2014. In all some US$5.6 billion will be spent on repairing
    Read More
  • Russian connection to be constructed
    April 19, 2012
    The new eastern bypass for Khabarovsk in Russia is being discussed by the local authorities. The 30km highway will feature four lanes and will connect the Chita - Khabarovsk (M-58) and Khabarovsk - Vladivostok (M-60) highways. It will also link with roads in the city at nine interchanges. The highway will have a speed limit of 140km/h. The project will be run on a public-private partnership basis and will cost US$540 million. The government will provide 20-25% of the finances required, with the rest coming
    Read More
  • A Chinese loan will help develop Macedonia’s roads
    December 4, 2012
    A loan from China will provide a crucial portion of the funding being used by the Macedonian Government to build new highway sections. These highway stretches include key links between from Stip and the existing pan-European, Corridor 10. Once complete the new highway sections will connect Macedonia with Greece and Serbia by road. Other highway sections planned will run from Ohrid to Kicevo and form a portion of the unfinished Corridor 8 intended to connect Macedonia with Albania and Bulgaria. The projects
    Read More

Highlighted Content