"Khabarovsk Bypass" Highway

CONCESSION PROJECT ON CREATION, FINANCING AND OPERATION OF THE CAPITAL CONSTRUCTION FACILITY “KHABAROVSK BYPASS HIGHWAY, 13-42 KM”

Khabarovsk Bypass is the first high-speed highway in the Russian Far East. The new motor road will help resolve a number of issues in the regional capital, create additional workplaces and a more comfortable environment for city residents, promote the socio-economic development of the Khabarovsk Krai.

The goal of the Project is:

• improve transport accessibility and technical condition of the Khabarovsk transportation infrastructure by diverting transit transport from the city and by ensuring a connection between federal roads (A-370 Ussuri highway, R-297 Amur highway and A-375 Vostok highway); 
• Future development of the project will provide access to the highway network of China;
• attract non-budget investments for purposes of developing the transportation infrastructure of the city and the region;
• ensure transport accessibility of the Priority Social and Economic Development Areas - PSEDA Airport, PSEDA Avangard, PSEDA Rakitnoe;
• Creating conditions for the project of the construction a large logistics complex of intermodal transport by air, road and rail;

The Project is being implemented based on Resolution No.971-rp of the Government of Khabarovsk Krai “On concluding a concession agreement for the capital construction facility ‘Khabarovsk Bypass Highway, 13-42 km’” dated 19.12.2015 by holding an open tender for the right to conclude a concession agreement under Federal Law No.115-FZ “On concession agreements” dated 21.07.2005.

Term of the concession agreement: 15 years (including 3 years for creation of the Facility and 12 years of operation).

Length of the road is 26,864 km. Capacity - 96,000 cars / day.  

The Project provides for co-financing of capital investments out of regional and federal budget funds (Сo-financing of the Road Construction Costs) in the amount of 24 220 mln rubles (not including VAT, based on prices as of 31.12.2015)

Concessionaire
• Creates the Facility
• Raises financing
• Arranges toll collection
• Carries out operation and technical maintenance of the Facility

Grantor
• Provides design documentation
• Transfers land plots
• Co-finances capital expenses
• Pays Grantor’s Availability Payment