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

  • Kenya highway work awarded
    October 13, 2020
    An important highway contract in Kenya has been awarded.
    Read More
  • Queensland Australia road projects proposed
    November 9, 2017
    Road projects are being proposed for the Australian state of Queensland, with upgrades to the M1 route taking precedence. One proposed project will be for the widening of the M1 between Tugun and Varsity Lakes; work expected to cost US$164 million (A$206 million). Improvements to the section of the M1 between Logan Motorway and Eight Mile Plains should cost $12.74 million (A$16 million). In addition an upgrade to the Oxenford Exit 57 interchange is expected to cost $19.9 million (A$25 million). The work
    Read More
  • Russian road concession deal agreed
    June 7, 2017
    A concession package has been agreed for a toll road project in the Bashkortostan Republic. The US$512 million construction project will provide a new link from the M5 Ural highway route to Ufa, the capital of the Bashkortostan Republic.
    Read More
  • Russia's road map ahead
    March 5, 2012
    Overall, Russia is to benefit from a major highway investment programme. The Federal Transport Development Programme will feature a budget of $21.5 billion for the 2010-2015 period. Some $15.1 billion is to be allocated for highway construction and repairs. Russian city St Petersburg and the surrounding the Leningrad region will see the start of major investment in infrastructure during 2011. The road sector will benefit strongly, with projects underway including the southern section of the Western High Spe
    Read More

Highlighted Content