Third section of Moscow ring road project

Financing is being secured for the project to build the third section of Moscow’s ring road. A loan worth around US$642 million will be provided by three banks, the Sberbank, Gazprombank and Eurasian Development Bank (EDB). This section of the ring road lies to the north of the city and measures 105.3km long. The loan for the PPP toll road will be for a 16-year period with the building work being carried out by the Road Construction Corporation. The ring road forms an important link in the chain for the roa
August 10, 2017 Read time: 2 mins
Financing is being secured for the project to build the third section of Moscow’s ring road. A loan worth around US$642 million will be provided by three banks, the Sberbank, 3014 Gazprombank and Eurasian Development Bank (EDB). This section of the ring road lies to the north of the city and measures 105.3km long. The loan for the PPP toll road will be for a 16-year period with the building work being carried out by the Road Construction Corporation. The ring road forms an important link in the chain for the road connection between China and Europe. Allowing vehicle traffic to flow around Moscow rather than entering the city will be of enormous benefit in helping improve journey times overall. As it stands, Moscow suffers from amongst the heaviest congestion of any city in the world. The additional traffic from the Europe-China road link will boost vehicle movements in the region around Moscow, so the ring road is essential to averting gridlock.
Finance & Funding

For more information on companies in this article

Related Content

  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
    Read More
  • Key Russian road construction complete
    December 5, 2016
    Construction work on the Central Section of Russia’s Western High-Speed Diameter (WHSD) in St Petersburg is complete, with some small detail work now being finished off. The WHSD connects the Southern, Central and Northern sections of St Petersburg and will open to traffic at the end of December. VTB Capital was a key participant in funding the construction of the Central Section and is a major shareholder in the consortium that will operate the entire WHSD route.
    Read More
  • Russian roads and bridges being planned
    April 22, 2020
    Russian road and bridge construction and maintenance works are being planned.
    Read More
  • Alleviating Moscow's ring road congestion
    April 10, 2012
    The US$10.5 billion CKAD (Moscow Region Ring Road), being planned and procured under the direction of the Ministry of Transport of Russia, is just one of the roads highlighted at the Moscow Forum.
    Read More

Highlighted Content