Skip to main content

Russia invests in roads

Russian company Permdorstroy has won a tender for the reconstruction of the 8.4 kilometre road section from the Mulyanka river to Bolshoye Savino Airport, in a contract worth US$53.43 million. The project provides for construction of a multi-lane road, eight elevated pedestrian crossings at bus stops and lighting installation. The project is due to be completed by October 2015.
October 28, 2013 Read time: 1 min
Russian company Permdorstroy has won a tender for the reconstruction of the 8.4 kilometre road section from the Mulyanka river to Bolshoye Savino Airport, in a contract worth US$53.43 million.  The project provides for construction of a multi-lane road, eight elevated pedestrian crossings at bus stops and lighting installation.  The project is due to be completed by October 2015.

In addition, more than US$1062 million has been allocated for road construction in the country over the next three years.   The Krasnodar region is to spend US£2.04 million on road construction and repairs, the Samara region is to construct over 700 kilometres of road with a budget of US$581.64 and, according to the Department for the Development of Moscow’s New Territories, US$479.23 million is to be spent on road construction and renovation works in Moscow’s new territories.

Related Content

  • Potholes and road safety a bigger priority for future government, says survey
    April 10, 2015
    The next government must make road safety a top priority, with more than 50 per cent of motorists believing the current administration had not made the issue enough of a concern, according to a survey conducted by the Institute of Advanced Motorists (IAM). A total of 2,156 people took part in the IAM survey throughout March 2015. The number one gripe amongst those who answered the poll said reducing the number of potholes should be the government’s number one action point, with 70 per cent of respondents
  • Consortium to build Finnish motorway
    March 4, 2015
    The Finnish Transport Agency has appointed a consortium of Meridiam Infrastructure and YIT Rakennus as the service provider which will build the E18 Hamina–Vaalimaa motorway in Finland on a public-private partnership (PPP) basis. Construction will commence in autumn 2015 and the entire motorway is estimated to be completed in 2018. The consortium will be responsible for financing of the project, as well as planning, construction and maintenance for a period of 20 years. The E18 Hamina–Vaalimaa project compr
  • EBRD supports extension of Romanian motorway network and trans-European links
    June 22, 2016
    The European Bank for Reconstruction and Development (EBRD) is supporting the construction of new sections of the D4 highway and the R7 expressway in the Slovak Republic with debt facilities of up to US$159 million (€150 million). The funds are part of a larger package totaling US$987 million (€875 million) provided to the concessionaire Zero Bypass under a public-private partnership (PPP) scheme. Other participants include the European Investment Bank (EIB), the Slovak Investment Holding, Instituto de
  • Toll plaza conversion will reduce congestion on I-95
    April 17, 2012
    In an effort to reduce congestion in a busy corridor for motorists and commercial freight carriers, Delaware Department of Transportation (DelDOT) appointed TransCore as the lead integrator on a project to convert the Newark Toll Plaza on I-95, adding two new electronic highway speed lanes on both the north and south bound plazas. Plaza throughput is now about to jump from 250-300 transactions per lane per hour to an estimated 2,000. The US$32 million “shovel ready” project was fully funded through the Amer