Page 25 - bne_newspaper_March_29_2019

Weekly Lists
March 29, 2019 www.intellinews.com I Page 25
bne:
Infrastructure
Moscow Central Ring Road to require another $0.7bn
EBRD may provide $225mn for construction of ring road around Kazakh commercial capital
State road building company Avtodor will need about RUB45bn ($0.7bn) to eliminate eleven addition problem points discovered on the route of the Moscow Central Ring Road (CKAD), Vedomosti daily said on March 25 citing unnamed sources.
Reportedly, the road which is supposed to relieve Russia's capital traffic jam problem by diverting transit cargo trucks, would not be able to accommodate the planned transportation throughput.
The four-line highway was estimated to cost RUB313bn in 2017 and was planned to be completed in 2021. The project redrafted several times due to challenges discovered on the ground, mostly west of Moscow.
The European Bank for Reconstruction and Development (EBRD)
is considering the provision of debt financing worth $225mn for the construction and operation of a 66-km ring road around Kazakh- stan’s commercial capital, Almaty, the EBRD’s website disclosed on March 27. The funding proposal has passed project reviews and is currently pending final review.
The ring road project would be undertaken by BAKAD Investment and Operation, a limited liability partnership established in Kazakh- stan. The project is being developed under a 20-year concession agreement signed on 8 February 2018, the EBRD noted.
The new road is expected to divert transit traffic away from Almaty, contributing to the reduction of the city's pollution. It will also re- duce traffic congestion and commuting time to and within Almaty, improve the capacity and competitiveness of trans-Kazakhstan transit routes and reduce road accidents.
Serbia’s environmental protection ministry is proposing a legislation change that would ban the construction of small hydropower plants in protected areas, eKapija reported.
In January, thousands of people in Serbia protested over concerns that the planned construction of hundreds of hydropower plants in the country will damage the environment.
There are plans to build more than 850 hydropower plants, about 200 of which will be within nature reserves such as national and natural parks. In January protesters called for all HPP projects, particularly small ones, to be halted.
Serbia mulls banning construction of hydropower plants
in protected areas