Nearly $3 billion Russian road works planned
8 February 2022
Russia’s capital Moscow is to benefit from the construction of an additional 185km of new roads in the period from 2022-2024. Including roads currently being built, this will deliver an extra 500km of roads for Moscow by 2024. The work is costing US$2.8 billion and includes building new tunnel stretches and bridges.
Meanwhile, a new road section is planned as a bypass around Vladikavkaz. Costing $84 million, the highway will feature two lanes in either direction and is due for completion in 2024. Funding is being provided by the Russian Federal Government.
In addition, the tender process is commencing for the $126.7 million worth of work to the M-4 Don Highway. There are four separate contracts open to tender for the tollroad project, with the winner due to be announced on 24th February 2022.
Related
-
Emerge and EDB to collaborate on developing and financing UAE solar projects
12 August 2025
-
Egypt-UAE joint venture wins Ivory Coast solar tender at €0.0310/kWh
12 August 2025
-
IFC loans $250 million for Oman polysilicon project
12 August 2025
-
Indonesia unveils plan for 100 GW of solar minigrids and centralized power plants
12 August 2025
-
Philippine energy group keen to invest in Vietnam’s power sector
11 August 2025
-
Nofar Energy set to secure financing for 515 MW of solar in Romania
10 August 2025