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

  • Australia’s transport development a priority in New South Wales and Western Australia
    December 2, 2019
    In Australia, the states of New South Wales and Western Australia are both setting transport development as a priority. Both states are planning major spending programmes on new infrastructure projects, with transport representing a key portion of that future investment.
    Read More
  • New UK motorway link under construction
    June 18, 2015
    Construction of a new junction on the M1 near Dunstable in Bedfordshire is starting in the UK. The new junction, junction 11A, is located just to the south of Toddington services and forms part of a new €225 million link road between the A5 and the M1 that will help to unlock growth and reduce congestion in the area. Work on the link road began in March.
    Read More
  • Algeria: work progresses on Oran ring road linking Belgaid to El-Kerma
    January 11, 2016
    In the Algerian province of Oran, construction of the second ring road linking Belgaid to El-Kerma is 60% complete and should be open by June. Also, the motorway between Oran port and the East-West motorway, costing around $448.46 million, is due to be complete in July 2017, according to a report in Le Quotidien d'Oran. Work is being done by the Algerian-Turkish group ENGOA-MAKYOL and the project is being overseen by Agence nationale des autoroutes (ANA). Widening of the CW46 linking Sidi Marouf to
    Read More
  • Moscow’s road programme sees work underway
    February 5, 2018
    Construction work for the Vinogradovo-Boltino-Tarasovka toll road in the Moscow region is now underway. The work is being carried out by Vis Group, a subsidiary of Gazprom. The 16km link will join the A104 and M8 highways, with the work costing US$488 million. This will be the first PPP project carried out in the Moscow region.
    Read More

Highlighted Content