Wednesday, August 23, 2017

Toll roads coming to Yekaterinburg

Yekaterinburg is on its way to building the city's first toll road, according to the Sverdlovsk Region's Highway Department.

Segey Kiselev, the head of the Highway Department, announced on Wednesday that the deadline for the concept will be August. The project will involve both Avtodor and private investors, Mir66 reports.

According to Kiselev, private investors are needed for the project due to the high costs associated with road construction. The first section of the project will require $129 million, with the second and third portions costing an additional $387 million.

"Finding $516 million is not easy, it's a large sum, so we have to resort to attracting additional investment," Kiselev said, according to Mir66.

The construction of a road to Copper has already begun, Kiselev said, noting that the Highway Department allocated $500,000 for the purchase of the land required for the project. Next year, construction will begin on a new interchange at Kalina in addition to a new asphalt road to Khanty-Mansiysk.