New PPP bridge project planned for Eastern Russia

RSSPlans are in hand for a new bridge to span the Lena River near Yakutsk in Russia. The project is expected to cost US$1.95 billion. The bridge will take six years to design and construct, with the project being handled under the PPP model. Private investors will maintain the bridge over an eight year period, with payments being made by the Russian State. A number of leading companies have expressed interest in the project so far including 3382 Transstroy, Mostovik, Most, 2450 Mostotrest, and 5872 Sibmost.