PRESS: Rotenberg’s company can build priciest Russian highway

MOSCOW, Mar 11 (PRIME) -- Russian construction company Mostotrest owned by Arkady Rotenberg, can be chosen as the general contractor to build the priciest highway between Dzhubga and Sochi, business daily Vedomosti reported on Monday, citing three sources close to consideration of the project.

The cost of construction was earlier estimated at 1.6 trillion rubles, and the consideration was suspended, but the Federal Road Agency cut the cost to about 1 trillion rubles by reducing the length. The date of completion is 2037.

A spokesperson for Rotenberg and Mostotrest declined to comment.

(65.9646 rubles – U.S. $1)

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