MOSCOW, Apr 4 (PRIME) -- Investments in the fourth segment of the Central Ring Road will rise by 2.6 billion rubles due to the need to do additional work and purchase more land, Transport Minister Yevgeny Ditrikh told reporters on Thursday.
“The price of the fourth (segment) will rise by 2.6 billion, this is due to the necessity to work on relocation of grids and purchase additional land plots,” Ditrikh said.
He added that the expenditures will be borne by private investors and can lead to changes in the terms of concession agreements.
The construction of the Central Ring Road is to start in 2020 and finish in 2024, media reported earlier.
(65.1639 rubles – U.S. $1)
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