Inauguration of the first Section of the M11 Moscow-Saint Petersburg Motorway in Russia

The motorway will ensure smooth traffic flow in a highly congested area with some 140,000 cars per day. Russian-French teams will operate the motorway and ensure a very high standard of maintenance, safety and traffic information.

The M11 motorway meets the most exacting European standards in terms of technical requirements, environmental integration, land take optimisation (30% reduction in surface area required compared to the initial project), hydraulic transparency and noise protection for local residents.

This first section of the Moscow-Saint Petersburg motorway will be progressively opened to traffic between now and the summer of 2015.

The Russian state awarded the concession for the first section of the Moscow-Saint Petersburg motorway to NWCC, a joint subsidiary of Mostotrest and Vinci Concessions, in 2008. The contract covers design, financing and construction of the section and its operation and maintenance for a period of 30 years.

Built under a concession contract, the motorway is financed through a combination of shareholder investment (RUB 9.2 billion - Vinci Concessions 50%, Mostotrest 50%), a ruble bond issue (RUB 10 billion), a bank loan (RUB 29 billion) and a state subsidy of RUB 23 billion.

Source: Vinci Construction