Russia's state highways agency 3974 AVTODOR has invited bids for construction of another section of the Moscow to St. Petersburg toll motorway.
Starting cost of the bid to build the section from kilometre 58-149 is nearly US$1.2 billion. Investors will have to put up front 20% of the accepted bid cost to build the 91km section.
Construction of the 700km motorway is being let in sections, with highly competitive bids coming from the major international players in highways infrastructure.
In February 2014,3260 World Highways reported that 2450 Mostotrest, owned by the Rotenberg brothers, won the tender for construction of the sixth and longest section of the highway. The 209km section, making up kilometre 334-543, will pass through the Tver and Novgorod regions. Construction cost is around US$4.5 billion. The road should be open prior to the 2018 1556 World Cup, with games to be played in 11 cities within Russia, including St Petersburg and the final in Moscow.
Starting cost of the bid to build the section from kilometre 58-149 is nearly US$1.2 billion. Investors will have to put up front 20% of the accepted bid cost to build the 91km section.
Construction of the 700km motorway is being let in sections, with highly competitive bids coming from the major international players in highways infrastructure.
In February 2014,
