Funding for a key project in Belarus could be supplied by the European Bank of Reconstruction and Development (EBRD). Financing is required for the reconstruction of the M10 highway in Belarus, which runs from Kobrin through Gomel to the Russian border. The EBRD will consider options once the results of the tender have been revealed.
The private sector looks likely to take part in the project, which is conceived as a PPP scheme, the first for Belarus. The project will be handled under the concession model, with the winner of the tender designing, constructing, operating and maintaining the highway. The tender is scheduled for H1 2017. The project includes reconstruction and renovation of an 85km stretch of the existing M10 route. This is an important international transport corridor and forms part of the EU-Belarus-Russia-China alternative route. The project looks likely to cost in the region of US$350 million to carry out.
The private sector looks likely to take part in the project, which is conceived as a PPP scheme, the first for Belarus. The project will be handled under the concession model, with the winner of the tender designing, constructing, operating and maintaining the highway. The tender is scheduled for H1 2017. The project includes reconstruction and renovation of an 85km stretch of the existing M10 route. This is an important international transport corridor and forms part of the EU-Belarus-Russia-China alternative route. The project looks likely to cost in the region of US$350 million to carry out.
