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Mostotrest signs the state contract for construction of the second and third sections of a secondary road along Kurortnyi avenue in Sochi

22/11/10  

Open Joint Stock Company “Mostotrest” has signed the state contract for construction of the second and third sections of the secondary road along Kurortnyi avenue in Sochi, Krasnodarski krai. The Federal State Company Directorate for Highway Construction and Overhaul Chernomorye is the customer for the project. The contract price is 59.36 billion roubles (including VAT) and the duration of the project is set at 28.5 months.

As a general contractor Mostotrest will construct the secondary road along Kurortnyi avenue between 172nd kilometre of the M-27 „Dzhubga-Sochi“ highway and the PK0 Sochi bypass (Agura river), including reconstruction of a section of the road between Zemlyanichnaya Street and Kurortnyi avenue, Sochi, Krasnodarski krai.

The second stage of the construction of a secondary road along Kurortnyi avenue in Sochi from Zemlyanichnaya Street to the Sochi river includes the construction of a four-lane highway with a total length of more than 5.5 kilometres, which will include 13 bridges, pathways and flyovers with a total length of 4.8 kilometres as well as three multi-level intersections and 6 tunnels with a total length of more than 4 kilometres.

The third stage of the construction of a secondary road along Kurortnyi avenue from the Sochi river to the Psahe river includes the construction of a 5.3 km long four-lane motorway, which will include, a bridge, an interchange and a flyover with a total length of 1.2 kilometres as well as 6 tunnels with a total length of more than 5.8 kilometres and two interchanges at different levels.

Commenting on the conclusion of the contract, Vladimir Vlasov, CEO of OJSC Mostotrest said: “Mostotrest actively participates in development of transport infrastructure of the Olympic Sochi: the company constructs “Stadium”, “Adler ring” and “Golubye Dali” transport intersections, combined railway and motorway road Adler - Alpika-Service and overpasses of the first section of a secondary road along Kurortniy avenue. In the framework of construction of the second and the third sections of the avenue the company will build more than 10 kilometers of the motorway in both directions and over 30 different bridge facilities. It is a large-scale and high-profile work, which will be successfully held due to the effective and centralized system of project management, high scientific and technological capabilities of the company along with considerable production facilities, deployed by Mostotrest in this region”.

About Mostotrest

Open Joint Stock Company “Mostotrest”, including Limited Liability Company “Corporation Engtransstroy” and Limited Liability Company “Transstroymekhanisatsiya”, is the leading diversified Russian infrastructure construction company and the largest bridge construction company in Russia. According to independent industry consultant PMR, in 2009 Mostotrest had 7.8% of the Russian infrastructure construction market (excluding road maintenance and overhaul) and 25% of the bridge building market by revenue for works conducted in-house.

The Company’s core operations include construction and overhaul of bridges (including highway, railway and city bridges) and highways and other infrastructure facilities.

The Company was founded in 1930 as All-Soviet Trust for the construction of extra large bridges “Mostotrest”. To date the company has completed over 7,500 infrastructure facilities including bridges, foot bridges, tunnels and complex transport interchanges.

Mostotrest is currently working on many important infrastructure projects in Russia, including construction of the infrastructure facilities for the Sochi Winter Olympics 2014, the section of the Moscow Fourth Ring Road, infrastructure facilities on the M-4 “Don” highway and others.