Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Sberbank, Gazprombank and the Eurasian Development Bank Will Provide a Loan to Construct Central Ring Road
1.08.2017 17:08
Sberbank, Gazprombank and the Eurasian Development Bank Will Provide a Loan to Construct Central Ring Road

Sberbank, Gazprombank and the Eurasian Development Bank (EDB) have entered into an agreement with Road-Building Company LLC on providing a RUB 38.5 bln syndicated loan for 16 years.

      The funds will be provided to Road-Building Company LLC as project financing to construct a 105km pay-to-access section of the Central Ring Road (CRR) – the third launch complex. The project is being carried out under a concession agreement between Road-Building Company LLC and Russian Highways State Company, which was struck in 2016. The motorway will be opened in 2019.

      The CRR is the first infrastructure megaproject that is partially financed by money from the Russian National Wealth Fund (RNWB). The total cost of the project is valued at 300 billion roubles, out of which 150 billion will be provided by the RNWB. 

The third launch complex of the CRR will run parallel to the Moscow Small Ring (A-107) in the north west of the Moscow Region and link the new high-speed motorway M-11 “Moscow-Saint Petersburg” to the M-7 “Volga” motorway. The motorway will have four lanes and a speed limit of 140 km/h (87 mi/h). A total of 55 bridge structures (including 20 bridges and 35 overpasses) and four interchanges will be built on this section of the CRR.


Author: Anna Dorozhkina



You might also find interesting:

Ras Al Khaimah Emirate Presented Its Economic Potential In Moscow
Sollers Industrial Group Will Resume the Assembly Of Ssang Yong Cars In Russia
Economists Discussed the Options Of a Tax Maneuver
The Ministry of Finance Will Purchase Foreign Currency
Russian Wheat May Be Exported to Venezuela

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Graphic Art  Russian parks  Exhibitions in Moscow  Moscow Underground  Russian Stage Directors  Russian Cinema  Spain  Armour  celebrities  crisis  Aircraft Designers  Night of Museums  Archeology  Russian business  Russian tourism  Andrei Mironov  Sochi Olympic Games 2014  Stanislav Cherchesov  Colliders  Moscow Museums  Zenit St. Petersburg  Speed Dating   fashion designer  Russian courts  Russian football  Russian designers  Leningrad Region  Kabardino-Balkaria  Russian history  Moscow resorts  Moscow  Alla Bayanova  puzzle  Monuments  tourism in Moscow  Rolling Stone  Russian church  Shakira  Artstory  Painting  Central Bank  Likhoslavl  Rurik Dynasty  odd news  VKontakte  Laboratory Studies  Russian hockey  Russian Literature  Tsaritsyno  Mercedes-Benz Fashion Week Russia 

Travel Blogs
Top Traveling Sites