RDIF, Russian Highways, ANAS to set up road development consortium

Prime, 17.05.2017

MOSCOW, May 17 (PRIME) -- The Russian Direct Investment Fund (RDIF), state highway operator Russian Highways, also known as Avtodor, and Italian road developer ANAS have signed an agreement to establish a consortium to develop highway infrastructure in Russia, the RDIF said on Wednesday.

The joint pilot project envisages investments in the complex reconstruction of a section of the M4 Don federal highway.

In addition to providing financing, ANAS will supply “high-tech equipment for an integrated traffic management system for this section of the highway.”