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

  • Bolivia's Santa Cruz road corridor connector project
    December 22, 2016
    Bolivia’s ambitious Santa Cruz road corridor connector project is providing an important link for the country - Gordon Feller writes The World Bank has been organising a US$230 million loan to upgrade a vital connector linking the country’s northern and southern transit corridors. Meanwhile, another $100 million is coming from Bolivia’s government.
    Read More
  • State-of-the art road tunnels in construction and use of ITS
    April 25, 2013
    A wealth of major road tunnel construction projects and significant cant ITS installations within existing key road tunnels have been recently completed or will soon be underway. Guy Woodford examines some of them. A state-of-the art Tunnel Boring Machine (TBM) - the 10th largest ever to be built worldwide will be put to work later this year on New Zealand Transport Agency’s landmark Waterview Connection project in Auckland. The giant Herrenknecht-manufactured machine will be used to construct the twin 2.5
    Read More
  • Russian road building in Moscow
    February 18, 2021
    A major road building programme is planned in Moscow.
    Read More
  • Successful resurfacing at New York's JFK Airport
    February 8, 2012
    A huge logistics operation has been carried out successfully at New York's JFK Airport. One of the busiest runways at one of the world's busiest airports is now open to air traffic again, following a 120 day closure for resurfacing.
    Read More

Highlighted Content