27.11.2019

The Russian leader launched traffic at M-11 Highway’s Section 8

Russian President Vladimir Putin personally gave an official start to traffic along the ultimate, eighth section of M-11 Highway, which is adjacent to the St. Petersburg's Ring Road. Talking with constructors before the traffic opening, the Russian leader spoke about the results of public voting on the choice of the Highway name. "Neva” won the public vote.

M-11 Highway is the first motor road in Russia’s post-Soviet history built from the scratch. This is the first major investment project in the road industry.

The first concession agreement in Russian road industry with the attraction of extra-budgetary investments was entered into in 2009 to finance construction of the main section of the Highway (from km 15 to km 58).  Bank for Development and Foreign Economic Affairs in partnership with Sberbank took part in financing.

In total, construction of M-11 Highway encompassed 6 investment agreements, including 2 concession agreements, and 4 long-term investment agreements.

The total construction cost amounted to RUB 520 billion (in prices of the corresponding years), including RUB 148 billion of off-budget investments.

Construction and financing of the M-11 was contributed by two large international infrastructure companies (the French VINCI, and the Turkish İçtaş).

The federal M-11 Highway is toll operated. M-10 Rossiya Highway remains its free-of-charge alternate route. So, traffic flows are distributed in accordance with preferences in chosen speed mode.

M-11 Highway took over transit traffic, while M-10 Highway is focused on local economic connections.

M-11 Highway runs through six constituent entities of the Russian Federation: It starts from the Moscow Ring Road, then runs in the Moscow Region, Tver Region, Novgorod Region, and Leningrad Regions, and after that adjoins the St. Petersburg Ring Road.

Moscow - St. Petersburg M-11 Highway meets parameters of the highest technical category having 4 traffic lanes (while there are 6-10 lanes in the areas in immediate vicinity to Moscow and St. Petersburg). Oncoming flows at M-11 Highway are separated, while there are no single-level intersections with other roads.

337 engineering structures, and 30 traffic interchanges are erected as part of the Highway construction.

M11 Highway’s operation reduced the accident rate on all other roads of the transport corridor between Moscow and St. Petersburg by almost a half. By 2030, it is necessary to reduce the level of severe injuries by 3-5 times.

The highest safety level on Moscow - St. Petersburg M-11 Highway is ensured by accident assistants patrolling the Highway. 23 accident assistant’s crews render emergency assistance to drivers at all sections of the Highway. The time for approaching the accident site does not exceed 12 minutes.

To date, there are 4 multifunctional areas on the highway with gas stations, cafés, shops, and rest areas. By the end of 2020, six more will be opened.

The cost of travel along the entire route is RUB 1331 for light vehicles equipped with transponders, and RUB 1820 if paid in cash or using bank cards. Travel using the transponder on weekends will cost you RUB 1494, and RUB 2020 if paid in cash or using bank cards.

Toll for travel along for the seventh and eighth stages in Novgorod - St. Petersburg direction will be RUB 304 whatever the time of the day when paid using transponders, and RUB 380 in cash or using bank cards.

Construction of the last two sections of the Highway - Sections 7 & 8 - was carried out on the basis of a concession agreement between the Government of the Russian Federation, duly represented by “Russian Highways” State Company, and “Two Capitals Highway”, established by VTB Capital Investment Bank and VINCI Highways (a subsidiary of VINCI Concessions). The agreement was concluded for a 27 year period: the construction period until 2019 and the operation period until 2041.

“Traffic opening of this road once again proves effectiveness of the mechanism of public-private partnership, which allows implementing the most complicated infrastructure projects. Construction of the highway is a large, socially significant project. The highway between Moscow and St. Petersburg will certainly modify usual logistics, and make life more comfortable for residents of both ‘capitals’ and surrounding regions. I am glad that VTB has become part of this project, while expertise and extensive experience of its team have contributed to its implementation”, said Andrei Kostin.

 

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