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

  • Mobile River Bridge project proposed
    April 13, 2021
    A new proposal for the Mobile River Bridge project has been put forward.
  • Japan to fund Nepal tunnel
    September 8, 2016
    A new road tunnel in Nepal will provide a key transport link from the country’s capital, Kathmandu. The 2.5km tunnel will be Nepal’s first and should help cut traffic congestion in the Thankot Pass, which lies to the west of the capital.
  • Implementation of road building projects in Russia’s Moscow may be significantly delayed
    May 15, 2014
    Implementation of some large-scale investment projects for road building in Russia’s capital Moscow may be significantly delayed A series of major documentation issues are the cause of the problem. These have delayed projects for up to nine tenders on the total sum of US$2.6 billion (95 billion rubles), with anomalies having been found by the Russian Federal Anti-Monopoly Service.
  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to