Russian road and bridge deal

A new bypass and bridge project for Tolyatti will commence in Russia’s Samara region. The bridge will span the Volga River and the work is costing US$462.4 million. The funds will be allocated in three stages. The first tranche will be received in 2019, while the second and third will be transferred in 2020 and 2021 respectively. The 97km road project includes the 3.75km bridge link, with opening due in 2024.