Turkey’s Limak awarded a $570 million contract in Russia

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Turkey’s Limak awarded a $570 million contract in Russia

Limak has become a partner of the highway project in Ufa, Russia, which has a total construction value of 34 billion rubles ($570 million).

Limak, in a joint venture with the Russian company VTB Capital, will also be undertaking the contracting side of the project.

Construction of the highway will take for four years, while the operation period will be 25 years. The 12.5-kilometer highway project will consist of four lanes with two departure areas and two arrivals areas.

The project contains a 250-meter tunnel as well as bridges and viaducts amounting to 2,600 meters in total. With a daily capacity of 22,700 vehicles, the highway will connect Ufa to the motorway in the east.

Limak will carry out the construction of the road with Marashstroy Company, its current Russian partner in the Rostov Airport project.

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