30 December 2011 - The supervisory board of Vnesheconombank (VEB) has given the thumbs up to a RUB25bn (USD776m/EUR600m) loan for the construction of the Western High-Speed Diameter (WHSD
) highway's central stretch, RIA Novosti cited the Russian bank's chief executive, Vladimir Dmitriyev, as saying on Thursday.
M2 EQUITYBITES-December 30, 2011--VEB to lend USD776m for WHSD
highway stretch(C)2011 M2 COMMUNICATIONS http://www.m2.com
The BoD of Western High-Speed Diameter (WHSD
) has decided to issue 5 bonds, each RUB 5 bn in size.
provided communications support to the president through mobile radios.
The first phase of the symbolic US$6.5bn Western High Speed Diameter (WHSD
) toll road secured a US$1.8bn loan on June 26 2012, backed by a consortium of five banks comprising: Vnesheconombank, VTB Capital, Gazprombank, the European Bank for Reconstruction and Development, and the Eurasian Development Bank.
Real Estate Bulletin reported yesterday (11 May) that Mostootrjad 19 has won a $470mn contract to construct the northern part of the Western HighSpeed Diameter (WHSD
) in St Petersburg.
The key revenue generators include the construction of several parts of the Western High Speed Diameter (WHSD
), a major ring road project in St.