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

  • Golden Gate Bridge gets Lindsay Transportation Solutions barrier
    March 10, 2015
    The iconic Golden Gate Bridge in California is now benefiting from the introduction of a new moveable barrier. Supplied by US specialist Lindsay Transportation Solutions, formerly Barrier Systems, and a division of Lindsay Corporation, this purpose-built moveable central divider will help maximise capacity while simultaneously boosting safety on the landmark structure. Constructed in the 1930s and first opened to traffic in 1937, the Golden Gate has coped extremely well with the years. Soundly engineered,
    Read More
  • Improved border links for Southern Africa
    February 29, 2012
    A US$104 million road project that will improve cross-border links in Southern Africa is now getting underway thanks to a loan from the African Development Bank (ADB).
    Read More
  • New road project underway in Austin, Texas
    April 27, 2023
    Construction work is now underway on a new road project in Austin, Texas.
    Read More
  • Italy highway widening funding found
    February 27, 2017
    Funding has been sourced to pay for widening work on Italy’s important A4 Autostrade. The section from Venice to Trieste will benefit from a finance package worth €600 million from the European Investment Bank (EIB) and the Italian bank Cassa Depositi e Prestiti (CDP). The funding will be supplied to Autovie Venete, the Italian motorway concession firm. This will pay for the construction of third lanes for the highway in either direction, helping boost capacity. The route has been identified as being strate
    Read More

Highlighted Content