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

  • Uzbekistan road improvement programme
    September 11, 2020
    Uzbekistan’s road improvement programme is securing financing.
    Read More
  • New Zealand’s Waterview project is moving closer to completion
    December 13, 2016
    New Zealand’s biggest road project is less than a year away from completion, and a lot of progress has been made since World Highways last looked at the project two years ago - Mary Searle Bell reports New Zealand’s Waterview project is moving closer to completion and will be the largest road project in the country. The NZ$2 billion Western Ring Route will see the creation of an alternative motorway to State Highway 1, which runs through the centre of Auckland. The 47km-long motorway will allow a large p
    Read More
  • Work begins on Stockholm’s new bypass
    August 22, 2016
    The first tunnels are being excavated for the huge bypass tunnel in Sweden’s capital Stockholm – Adrian Greeman writes. After years of preparation and design, blasting and rock moving for Sweden's largest infrastructure project began south of the city this year. It sets in train a decade-long project that will create a new half-ring dual three-lane motorway for the city, 20km long. With most of it deep underground, it will also be one of Europe's largest ever road tunnels. The scheme is aimed at transformin
    Read More
  • Nairobi expressway construction now underway
    October 25, 2019
    Construction work has now commenced on the new expressway route through Kenya’s congested capital, Nairobi. The project has been delayed for nearly a decade but building of the link is now going ahead, an important move in reducing traffic jams in the city. The route will have two traffic lanes in either direction and will feature 10 interchanges, with a considerable portion of the expressway being elevated. It will provide an important connection between the A109 Nairobi to Mombasa route and A104 Nairobi
    Read More

Highlighted Content