Russia’s part of Europe-Western China road to cost over $11 billion

According to Russia’s Federal Centre of Project Financing, the cost of building the Russian part of the international route Europe-Western China may exceed US$11.74 billion. Its length will total 2,192km and construction will last about four years. Chinese companies are named among the most promising investors.
April 27, 2016 Read time: 1 min

According to Russia’s Federal Centre of Project Financing, the cost of building the Russian part of the international route Europe-Western China may exceed US$11.74 billion.

Its length will total 2,192km and construction will last about four years. Chinese companies are named among the most promising investors.

The federal budget will account for up to 50% of the capital investment in the project. The rest of the funds will be provided by private investors who will be able to return them by the concession grantor payment.

Finance & Funding

Related Content

June 20, 2017

Russia to commission new Moscow-St Petersburg highway by 2020

Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
August 20, 2015

New northern relief road for Moscow

New Concession Company to build northern relief road of Moscow Kutuzov Avenue – Eugene Gerden writes New Concession Company has won a tender for the building of the Northern relief road of Kutuzovsky Avenue, a major radial avenue in the Russian capital Moscow. The firm is part of Leader company (one of Russia's largest management companies), owned by Yuri Kovalchuk, a well-known Russian businessman, who is reportedly close to Russia’s president Vladimir Putin. It is planned that the building of the n
boombox1

Highlighted Content

boombox2