Skip to main content

Toll road tender announced

Moscow has announced a tender to build а toll road parallel to Kutuvkosky Prospekt, stretching from Moscow City’s business centre to the Moscow ring road and meet the M1 toll road. Expected to include four lanes of traffic, the US$1.1 billion project will take five to seven years to build, with the contract between the city and the winning tenderer lasting 40 years. The investor will be able to set the road's fare, though within limits prescribed by Moscow authorities. The city's head of construction,
March 18, 2014 Read time: 1 min
Moscow has announced a tender to build а toll road parallel to Kutuvkosky Prospekt, stretching from Moscow City’s business centre to the Moscow ring road and meet the M1 toll road.

Expected to include four lanes of traffic, the US$1.1 billion project will take five to seven years to build, with the contract between the city and the winning tenderer lasting 40 years. The investor will be able to set the road's fare, though within limits prescribed by Moscow authorities.

The city's head of construction, Marat Khusnullin, estimates that the road would have a throughput of 40,000 vehicles a day.

Related Content

  • Plans to sell M6 toll road fail
    February 13, 2017
    Plans to sell the UK’s M6 toll road have failed, according to a report by the Financial Times. The road’s banker owners announced plans to sell the road in February 2016 and are now said to be considering refinancing the business after struggling to secure a US$2.3 billion (£1.9 billion) sale price. Opened in 2003 and operated by Midland Expressway, a subsidiary of Macquarie, the toll road was designed carry 72m000 vehicles a day, but has failed to live up to expectations, with an average of around 4
  • Colombia kicks off second wave of 4G highway plan
    December 16, 2014
    Colombia has published the pre-bid documents for the first concession under the second wave of the country's US$25 billion 4G highway plan, the 202 kilometre Puerta de Hierro-Palmar de Varela highway. Located in northern Colombia, the highway runs through the departments of Sucre, Atlántico and Bolívar. The project entails US$187 million improvement works on 175 kilometres, with construction estimated to take three years, said vice president Germán Vargas Lleras. The works are to be followed by a main
  • Developing Oman’s integrated transportation infrastructure
    August 6, 2013
    Oman has committed about US$14.8 billion, almost half of the country’s eight five-year development Plan for 2011-2015, to overhauling roads, ports and airports with the objective of linking the three modes of transport to improve interconnectivity. The third annual Oman Land Transport Infrastructure Summit 2013, 8-11 September, will spotlight the implementation and construction of transportation networks across the Sultanate with a focus on land transportation infrastructure, including roads, bridges, tunne
  • Colombia to award highway tenders
    January 19, 2015
    Colombia is due to award all the tenders for the second phase of the country's US$25 billion 4G highway plan by July this year, according to the country's vice president Germán Vargas Lleras. The next phase of 4G highway concessions will involve ten projects and require a total investment of US$7.96 billion. Offers are due to be received in May. So far five firms have prequalified for the first tender round: Spanish construction firms Sacyr and FCC; Mexico's ICA and Tradeco; and Chinese company Sinohy