New highway link for Russia underway

In Russia’s Novosibirsk Region, plans are underway for the South-Western Transit road. The project is of a 30km link road connecting the existing Northern and Eastern bypass roads. Funding worth in excess of US$127 million will be provided by the Russian Federal Road Agency, 7931 Rosavtodor. The remaining $273.3 million required for the project will come from private investors. The project is being carried out under the PPP model.