Industry news

10/02/11   St. Petersburg eyes $1.2bn bypass city highway by 2015
Authorities in St. Petersburg have announced plans to build a $1-$1.2bn city highway with non-stop traffic to link Primorsky district with Obvodny Canal, as well as the future Western speed diameter.
09/02/11   Russian Railways to up invest in Leningrad Region upgrade 54%
State-owned railroad monopoly Russian Railways plans to increase investments in upgrading railways in the Leningrad Region 54% on the year to 14.1 billion rubles in 2011, the company said in a statement on Wednesday.
08/02/11   Russias lower house OKs 1st read of bill on road fund creation
The State Duma, the Russian parliamentŐs lower house, on Tuesday approved the first reading of a bill on the creation of road funds.
08/02/11   Light rail sys to Pulkovo Airport to cost 16 bln rbl
Construction of a light rail system from the Moscow Railway Station in St. Petersburg to Pulkovo Airport is estimated to cost 16 billion rubles, Alexei Chichkanov, chairman of the city governmentŐs investments and strategic projects committee, told reporters Tuesday.

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