Source Pravda.Ru

EBRD's Loan Committee to Take Part in Financing St. Petersburg's Circular Road Construction

The Credit Committee of the European Bank for Reconstruction and Development (EBRD) has decided to issue to the government of Russia a EUR 255 million loan, of which EUR 135 million will add to the financing of the construction of the eastern half of the circular road around St. Petersburg. The rest of the money will pay for the continued construction of the Chita-Khabarovsk federal highway. This is according to the statement made on Friday, in St. Petersburg, at the French-Russian Transportation Infrastructure and New Technologies 2002 seminar by Anatoly Savinykh, Deputy Director of the Department of Highway Construction of the Ministry of Transportation of Russia.

As reported earlier, in 2001, the builders of the circular road assimilated USD 161 million, exceeding the state-imposed annual limit by nearly USD 60 million. Construction vehicles began using the 19.3 km-long completed part of the road in October 2001. In December 2001, Russia's government added nearly USD 65 million to the financing of the construction. If the first phase is to be completed in 2005, nearly USD 197 million must be spent over 2002, USD 248 million in 2003, USD 274 million in 2004, and nearly USD 330 million in 2005. The total cost of the eastern semi-circular half of the road is expected to come to USD 1,454 billion.

A year after the constitutional referendum of December 4th, 2016 that saw the victory of the NAY and the blatant defeat of the government front that had proposed the referendum, it can be said with certainty that the trauma for the defeated is now past. But there is still fear in them, not so hidden either...

Italy: Free fall

On December 10, 1948 the Universal Declaration of Human Rights was adopted by the United Nations General Assembly, its thirty articles enshrining basic and fundamental rights guaranteeing dignity of the human person and equality for all, regardless of race, color, creed or gender. A pipe dream?

Human Rights Day: Let us hang our heads in shame
Comments
Putin makes first comment on Trump's Jerusalem decision
USA looking for reason to see nuclear weapons in action
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Putin makes first comment on Trump's Jerusalem decision
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Mikhail Saakashvili's bumpy ride in politics: From chewing his tie to climbing on rooftop
Mikhail Saakashvili's bumpy ride in politics: From chewing his tie to climbing on rooftop
European Court of Human Rights: Promoting filth and insolence
European Court of Human Rights: Promoting filth and insolence
Russian athletes announce their decision about 2018 Winter Olympic Games
Turkish President Erdogan issues ultimatum to Washington and Brussels
Gorbachev names reason behind crisis in US-Russian relations
Putin makes first comment on Trump's Jerusalem decision
Human Rights Day: Let us hang our heads in shame
Human Rights Day: Let us hang our heads in shame
Human Rights Day: Let us hang our heads in shame
Putin makes first comment on Trump's Jerusalem decision
Putin makes first comment on Trump's Jerusalem decision
Pentagon can not accept Russia's victory over terrorists in Syria