Search filter
Tags
Tags
Back

Gazprom-FCC-Brisa consortium short-listed for two road projects in Russia

15/02/2008

Gazprom-FCC-Brisa consortium short-listed for two road projects in Russia

The consortium comprised of Gazprom (61%), FCC (29%) and Brisa Autoestradas de Portugal (10%) has been short-listed for two 30-year projects to build and operate sections of the Moscow-St Petersburg and the Moscow-Minsk highways.

The section of the Moscow-St Petersburg highway (43 km) will relieve congestion in the accesses to one of Moscow's airports. The other road (30 km) will provide access to the M1 federal highway which connects Moscow and Minsk, the capital of Belarus. The first project is worth 1.500 billion euro, and the second 400 million euro.

FCC Construcción and its Austrian subsidiary, Alpine, each account for 14.5% of the Gazprom-led consortium. If either contract is obtained, Alpine will own 51% of the construction consortium.