Russian road project faces delay

Russia’s Sochi highway project will not now be completed by 2024. The original plan was to build a 119.km new route to replace the existing A147 route that connects Dzhubga with Sochi. Because of the challenging terrain, this project to build a new four lane highway without the twists and turns of the existing route would have been extremely costly, with a pricetag of as much as US$18 billion. However the project has now been downgraded as being of a lesser priority than other Russian road projects ongoing
June 19, 2019 Read time: 1 min

Russia’s Sochi highway project will not now be completed by 2024. The original plan was to build a 119.km new route to replace the existing A147 route that connects Dzhubga with Sochi. Because of the challenging terrain, this project to build a new four lane highway without the twists and turns of the existing route would have been extremely costly, with a pricetag of as much as US$18 billion. However the project has now been downgraded as being of a lesser priority than other Russian road projects ongoing at present. As such, it will be delayed and no new completion date has been revealed. Nor is it clear whether the planned (and costly) four lane highway design, complete with cuttings, bridges and tunnel stretches, will still be utilised.

Finance & Funding

Related Content

  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
    Read More
  • Out with Russian bureaucracy, in with foreign road investment
    September 27, 2013
    Transport journalist Eugene Gerden reports on why foreign companies are likely to become keener to invest in Russia’s huge array of major road construction projects The Russian government led by president Vladimir Putin is stepping-up its efforts to get greater foreign company investment in Russian road building by creating favourable trading conditions, including the elimination of bureaucratic and administrative barriers.
    Read More
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
    Read More
  • Huge investment for Moscow’s motorway routes
    May 1, 2015
    Huge investments being made in building several outbound routes in Moscow and the Moscow region – Eugene Gerden writes. Up to US$20 billion (900 billion Roubles) will be invested in the building of several outbound routes in Moscow and the Moscow region during the next few years, according to an official spokesperson of the Russian Ministry of Transport. It is planned that the routes will be built as flyovers above the railroad tracks in the Yaroslavl, Kazan, Riga and Paveletskaya directions of the
    Read More

Highlighted Content