Bashkortostan and VEB completing Ufa eastern exit road study

The Bashkortostan Republic (Volga) in western Russia could issue a tender for the Ufa Eastern exit road project by the end of the year. Government authorities in Bashkortostan said they and VEB (Vnesheconombank) are completing a feasibility study of the Ufa Eastern exit road project. The project, expected to cost around $591 million, involves completion of an underground tunnel to the Ufa River, a bridge and a road to the M5 motorway. The exit road will be about 14km. Transport infrastructure will be
October 31, 2014 Read time: 2 mins
The Bashkortostan Republic (Volga) in western Russia could issue a tender for the Ufa Eastern exit road project by the end of the year.

Government authorities in Bashkortostan said they and 3640 VEB (Vnesheconombank) are completing a feasibility study of the Ufa Eastern exit road project.

The project, expected to cost around $591 million, involves completion of an underground tunnel to the Ufa River, a bridge and a road to the M5 motorway. The exit road will be about 14km.

Transport infrastructure will be used on a toll basis and a tender for the concession, around 35 years, could be published by the end of the year. Around $190 million of toll payments should be collected. Also, a 2ha plot of land may be sold off to increase revenue. As well, a regional road fund should provide just over $59,000.

Possible investors in the project are 945 Strabag (Austria), China Machinery Engineering Corporation (China), Sinara, 5336 Tesco (US), and several Turkish companies.

The Republic of Bashkortostan is in the southern part of the Ural Mountains, close to where Europe meets Asia. Ufa, the capital city, hosted the Summer Biathlon World Championship in September 2012.
Finance & Funding

For more information on companies in this article

Related Content

  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
    Read More
  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
    Read More
  • Revenue crash hits giant European contractor STRABAG SE
    November 30, 2012
    One of Europe’s biggest construction groups, STRABAG SE, is facing tough trading conditions with “earnings significantly down,” according to its latest quarter three report. Chief executive Hans Peter Haselsteiner told World Highways that the central and east European specialist is fighting its way through a continuing downturn. “Conditions in the construction sector are becoming more difficult than we have been accustomed to in recent years,” he said. And this has been the case since “our half-year results
    Read More
  • 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

Highlighted Content