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.
Highway & Network Management Road Structures

Related Content

  • Russia new programme for developing high-speed roads
    January 14, 2019
    Russia has approved a new state programme for the development of its high-speed road network – Eugene Gerden reports The Russian government has officially approved a new state programme, which is aimed at developing the federal high-speed road network in the country. This programme will run until 2030, according to recent statements by the official state press-service. According to some leading Russian experts in the roadbuilding sector, the need to implement these plans is acute. At present the tota
    Read More
  • New Russian tunnel for Rostov-on-Don
    December 10, 2014
    In Russia the new Severny tunnel is planned for Rostov-on-Don. This four-lane tunnel will be 3.5 km long, and will be designed to carry up to 60,000 vehicles/day. The project is expected to cost in the region of US$188.43-226.12 million to construct. Design work will take two years, with the project due for completion in four years. The tunnel's service life is expected to total 24 years.
    Read More
  • London Lower Thames Crossing link
    October 10, 2018
    Progress is being made with regard to the proposed Lower Thames Crossing project close to London.
    Read More
  • Chinese firm wins highways expansion project to decongest Nairobi
    January 5, 2017
    A Chinese contractor is carrying out a major road project intended to cut congestion in Kenyan capital Nairobi – Shem Oirere writes Chinese contractor China Wu Yi has won a US$163 million contract for the reconstruction and expansion of a 25km highway leading out of Kenya’s capital Nairobi with financing from the World Bank. The contract was awarded by the country’s National Highways Authority (KeNHA), a state-owned road agency responsible for the management, development, rehabilitation and maintenance of i
    Read More

Highlighted Content