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

  • US land sale completed for US-Canada Gordie Howe Bridge
    June 27, 2017
    Detroit has reached an agreement with the state to sell land, assets and some streets as part of a second bridge between Windsor and Detroit.
    Read More
  • Successful resurfacing at New York's JFK Airport
    February 8, 2012
    A huge logistics operation has been carried out successfully at New York's JFK Airport. One of the busiest runways at one of the world's busiest airports is now open to air traffic again, following a 120 day closure for resurfacing.
    Read More
  • Successful resurfacing at New York's JFK Airport
    May 3, 2012
    A huge logistics operation has been carried out successfully at New York's JFK Airport. One of the busiest runways at one of the world's busiest airports is now open to air traffic again, following a 120 day closure for resurfacing.
    Read More
  • RFQ is out for the Gordie Howe Bridge to link US and Canada
    July 22, 2015
    The bidding process has started for the Gordie Howe International Bridge that will link Detroit in the US state of Michigan and Windsor, in the Canadian province of Ontario. The Windsor-Detroit Bridge Authority (WDBA) has sent out a request for qualifications (RFQ) for the bridge that will likely be either cable stayed or suspension to cross the Detroit River. The bridge also likely will come with a hefty price tag – around US$1.62 billion, as World Highways reported in May in a feature on the proposed b
    Read More

Highlighted Content