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29 Aug, 2019 07:42

Ambitious $300mn road project launched in Central Russia

Ambitious $300mn road project launched in Central Russia

Authorities in Russia’s Volgograd Region have launched the construction of a 12km-long (7 miles) bypass, already dubbed Russia’s largest road project for the next five years.

“This project is one of the largest for the next five years [and] I’m not talking merely about money, I’m talking about the scale of the project. It is easy to see: at the moment, three federal highways converge in the city, which makes it impossible to live in,” Russian presidential aide Igor Levitin told reporters.

RT

The Volgograd bypass project is largely aimed at redirecting Volgograd’s huge traffic flow, especially cargo transportation, and moving it outside the city, which is located half-way between Moscow and Russia’s southern regions. The project is also seen as an opportunity to develop the Volgograd territory as a whole, drawing in new businesses and investors.

The cost of it is estimated at 19 billion rubles (€260 million or $290 million), the construction agreement states. Work on the first stage of the road has already started in the Svetloyarsky district of the Volgograd region.

RT

“Preparatory work is currently carried out on a section of the future road, workers are removing the vegetation layer,” head of the Federal Road Agency Andrei Kostyuk told the press.

RT

The first stage of the bypass, according to Rosavtodor, is set to be completed in 2024. It is to include construction of three motorway interchanges and a bridge across the Volga-Don Shipping Canal. According to authorities, the bridge over the canal is the most complex part of the entire project, as they “can only carry out the superstructure sliding during the inter-navigation period,” which starts in December.

Also on rt.com Russia to build €2bn bridge as part of route linking Europe & Western China

The decree for the construction of the Volgograd bypass was signed at the end of 2017. The new transport artery will facilitate the movement of transit traffic coming from Moscow to the Astrakhan Region, Kalmykia, Stavropol Territory, Dagestan, and the ports of the Caspian sea through Volgograd territory. According to Rosavtodor, the new road project will contribute to the development of freight traffic and trade cooperation between Russia and Iran, India, Pakistan and the Persian Gulf states.

RT

The bypass is only a section of a larger highway with a total length of 71.4 kilometers. The highway is to include six road junctions, 25 bridges and overpasses. The construction is planned to be carried out in three stages on different sections of the road, which will allow them to be commissioned immediately after work on each is completed.

For more stories on economy & finance visit RT's business section

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