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2008 October 31   08:50

Concession agreement for Western high-speed diameter construction expected by end 2008

St. Petersburg expects to sign a concession agreement for construction of the Western high-speed diameter (ZSD) by the end of 2008. City’s governor Valentina Matvienko declared it at the opening of Phase 1 of the highway, RBC informs.
Matvienko underlined, Phase 1 of ZSD had been completed ahead of schedule.
The Western high-speed diameter is a toll road connecting the North of the city with its South, bypassing city’s road network. The highway will connect "Big sea port of St. Petersburg" and the basic transport complexes of the city with the Belt Road and exits to Baltic countries, Scandinavia and Russian regions. It will have 6-8 lanes, 15 traffic intersections; approximate traffic speed is 120 km/h. A fee for using the highway is supposed RUR 100 for cars, and RUR 150-300 for trucks.
Phase 1 of ZSD includes a section from a flyover from the Belt Road near an unresidential zone "Predportovaya-2" to a traffic intersection on the crossing with Krasnoputilovskaya street, and also connects the Belt Road with the 3th and 4th cargo areas of the sea port. Its length is 5.7 km. It is planned to complete construction of the Western high-speed diameter by 2013.
The budget cost of ZSD Phase 1 is RUR 17.8 bln, the total cost of the project exceeds $10 bln. It is supposed that 34% of the investments will be provided by the federal budget, 50% by a confessionary and 16% - by the city budget.

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