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

  • Bosnia-Croatia link discussed
    July 13, 2012
    Bosnia and Croatia are looking to discuss a new highway construction project to link the two countries. The Adriatic-Ionic section of the Corridor VC motorway looks likely to pass through Bosnia. The plan is to build a total of 110km of roads, out of the planned 336km on the Corridor VC, by 2012.
    Read More
  • Serbia-Bosnia highway project funding being secured
    August 30, 2019
    The necessary financing package for Serbia’s key highway project is now being secured. The Belgrade to Sarajevo highway is already under construction, with 60km of the link having been built so far. The existing section of the highway connects Obrenovac with Ljig, while work on the southern stretch of the route is due to commence shortly. Serbia has taken loans worth €3 billion for its share of the project, with the Turkish Government and various Turkish banks being directly involved in supporting the works
    Read More
  • India’s infrastructure programme continues
    October 26, 2020
    The Indian Government continues to show high levels of aggressiveness for developing its road infrastructure.
    Read More
  • Vietnam planning major transport upgrade programme
    November 23, 2015
    Vietnam is planning a series of major works to upgrade transport in the Central Highlands area. The Vietnamese Government has released plans to spend some US$4.95 billion improving transport infrastructure in the Central Highlands. A significant portion will be used for 12 projects to build and upgrade several sections of national highways. Government funding will pay for a portion of this work, with private sources providing the remaining financing, although further details have not yet been released.
    Read More

Highlighted Content