Russia’s part of Europe-Western China road to cost over $11 billion

According to Russia’s Federal Centre of Project Financing, the cost of building the Russian part of the international route Europe-Western China may exceed US$11.74 billion. Its length will total 2,192km and construction will last about four years. Chinese companies are named among the most promising investors.
April 27, 2016 Read time: 1 min

According to Russia’s Federal Centre of Project Financing, the cost of building the Russian part of the international route Europe-Western China may exceed US$11.74 billion.

Its length will total 2,192km and construction will last about four years. Chinese companies are named among the most promising investors.

The federal budget will account for up to 50% of the capital investment in the project. The rest of the funds will be provided by private investors who will be able to return them by the concession grantor payment.

Finance & Funding

Related Content

  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel
    Read More
  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
    Read More
  • Bashkortostan and VEB completing Ufa eastern exit road study
    October 31, 2014
    The Bashkortostan Republic (Volga) in western Russia could issue a tender for the Ufa Eastern exit road project by the end of the year. Government authorities in Bashkortostan said they and VEB (Vnesheconombank) are completing a feasibility study of the Ufa Eastern exit road project. The project, expected to cost around $591 million, involves completion of an underground tunnel to the Ufa River, a bridge and a road to the M5 motorway. The exit road will be about 14km. Transport infrastructure will be
    Read More
  • US Government set to invest US$74.5 billion in transport
    March 15, 2012
    The US Government is set to invest US$74.5billion in transport improvements in the 2013 financial year (October 1, 2012-September 30, 2013), President Barack Obama has revealed.
    Read More

Highlighted Content