Skip to main content

Funding proposals for Russian tunnel project

Israeli financing looks to be one funding option for the Northern Tunnel project planned in the Russian city of Rostov. The plan calls for a 2.5km tunnel that will be tolled and link the city centre with the Northern residential area and will help reduce congestion on Nagibin Avenue. This is at present the only large highway linking the city centre with the residential district and is congested at peak periods. The tunnel project is valued at US$252 million and construction work is expected to take six year
May 18, 2012 Read time: 1 min
Israeli financing looks to be one funding option for the Northern Tunnel project planned in the Russian city of Rostov. The plan calls for a 2.5km tunnel that will be tolled and link the city centre with the Northern residential area and will help reduce congestion on Nagibin Avenue. This is at present the only large highway linking the city centre with the residential district and is congested at peak periods. The tunnel project is valued at US$252 million and construction work is expected to take six years. The authorities are also evaluating plans for the construction of a highway that will run in parallel with Nagibin Avenue.

Related Content

  • New Costa Rica route in focus
    March 1, 2019
    A new road project in Costa Rica is being evaluated at present. The plans call for an upgrade of Route 32, providing an improved 46km link between Virilla River and Sucio River areas. The project would require the driving a new tunnel in parallel with the existing Zurqui Tunnel, located on the southern side of the Braulio Carillo National Park. The project is expected to cost US$643 million and the route is likely to be offered to tender under a 30 year tolled concession package. A full feasibility study ha
  • Solving congestion in Brisbane
    August 2, 2012
    Rapid growth in a major Australian city in recent years has created new problems for the infrastructure and especially transport Expansion in the city of Brisbane, the Queensland state capital and the third largest city in the country, is set to continue and some 1,500 people arrive/week from within Australia and from other parts of the world. At this rate by 2026 the city's population should increase by 1.4 million: at present it is 1.8 million. To cope, the Queensland government and city council have ini
  • New Silvertown Tunnel under River Thames in London
    May 11, 2018
    Transport for London (TfL) has been granted a Development Consent Order (DCO) by the Department for Transport (DfT) for the Silvertown Tunnel. This new twin-bore road tunnel will run under the River Thames in East London. The DCO is the formal process giving the green light to any development categorised as a Nationally Significant Infrastructure Project (NSIP). The tunnel is set to open in 2023 and is intended to help reduce the chronic congestion at the existing Blackwall Tunnel. The project will also he
  • Laos expressway project under evaluation
    May 26, 2017
    Laos is evaluating its plans for the construction of a new expressway for the country’s capital, Vientiane. The project is expected to cost US$150-200 million. The planned route for expressway runs between Xaysettha district's Lao International Trade Exhibition and Convention Centre (Lao-ITECC) and Dongmakkhai village in Xaythany district. Construction of the 14km expressway is expected to commence later this year with its completion due in 2019. The new expressway will run parallel to the existing Kaysone