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

  • Kenya moves ahead with double-decker road to address costly city traffic jams
    December 11, 2013
    New double deck roads could cut congestion in Kenyan capital Nairobi – Shem Oirere reports Arapid increase in urban population and diminishing land for infrastructure expansion has forced Kenya to devise ways of addressing the worsening human and vehicular traffic problems in its capital Nairobi. The country national highways agency recently announced progress in the planned construction of the country’s first double-decker highway.
    Read More
  • Australia’s costly A$26 billion East Link Project
    February 5, 2025
    Australia’s East Link Project in Victoria will now cost as much as A$26 billion.
    Read More
  • Congestion improves with high occupancy toll lanes
    March 13, 2012
    The potential for high occupancy toll (HOT) lanes in congested US cities offers further room for development, according to US-based transport expert Bob Poole of the Reason Foundation.
    Read More
  • Congestion improves with high occupancy toll lanes
    February 21, 2012
    The potential for high occupancy toll (HOT) lanes in congested US cities offers further room for development, according to US-based transport expert Bob Poole of the Reason Foundation. At present Atlanta, Dallas, Houston, San Diego, San Francisco and Seattle all feature HOT lanes and Poole believes that the nation's capital, Washington DC, could benefit from a similar approach.
    Read More

Highlighted Content