Russia road concession deal agreed

A concession agreement has been signed for the construction and operation of a section of the Khabarovsk Bypass. The deal has been agreed between VIS Group subsidiary Regional Concession Company and the Khabarovsk Region’s Government. The project is expected to cost US$633.5 million, with a portion of the funding being provided jointly by state and federal infrastructure budgets. The remainder of the funding will be delivered in the form of a loan from Gazprombank. Once the full funding has been delivered,
December 14, 2016 Read time: 1 min
A concession agreement has been signed for the construction and operation of a section of the Khabarovsk Bypass. The deal has been agreed between VIS Group subsidiary Regional Concession Company and the Khabarovsk Region’s Government. The project is expected to cost US$633.5 million, with a portion of the funding being provided jointly by state and federal infrastructure budgets. The remainder of the funding will be delivered in the form of a loan from Gazprombank. Once the full funding has been delivered, construction should start in July 2017 and will take from 36-48 months to complete.
Finance & Funding

Related Content

  • Financing being secured for Colombian highway project
    June 24, 2019
    The finance package required for Colombia’s Popayan-Santander de Quilichao highway project is being secured. The highway forms part of Colombia’s fourth generation (4G) motorway plan. Costing US$692.5 million, the necessary financing should be in place by July 2019. The work includes building 78km of dual carriageway and no less than 31 bridges. It also includes improving 18km of single carriageway roads and also installing two new toll booths. The construction work is expected to take a further 36 months t
    Read More
  • Road construction stimulus for Australia
    July 8, 2020
    A road construction stimulus package is planned for Australia.
    Read More
  • Tanzania’s work on East Africa’s multi-national road project
    November 28, 2022
    Tanzania is kick-starting construction work on the missing link in East Africa's multinational road
    Read More
  • Russian, road, bridge and tunnel projects
    October 4, 2017
    New highway and bridge projects are being planned that will boost connectivity in the Russian Federation. One project lies close to the city of Ufa while another is in the Perm Region. The project to build the new Eastern Exit highway link close to Ufa, capital of the Republic of Bashkortostan, is now expected to cost US$590.1 million, compared with the $503.3 million that was originally anticipated.
    Read More

Highlighted Content