Novy Arbat to be reconstructed for almost 300 mln dollars

Moscow authorities plan to spend over 2 billion rubles to reconstruct New Arbat avenue in Moscow center
Novy Arbat to be reconstructed for almost 300 mln dollars
12 April 08:46 2016 Print This Article

Moscow is looking for constructor to reconstruct New Arbat Avenue, reads the documents published on the public procurement website.

As reported on the state procurement portal, the tender with initial contract price established at 2,007 billion rubles (around 300 mln dollars) will be hold by the Moscow Department of Competition Policy. It is supposed to conduct reconstructions and repair roads, sidewalks, parking areas etc. as well as renovate facades of buildings on the Molchanovka street and Big Nikolopeskovsky and Trubnikovsky alleys.

These works are planned in the framework of the My Street programme that aims to create well city environment for pedestrians and cyclists. Under this programme, there have been already reconstructed 47 streets in 2015.

In 2016, it is planned to reconstruct other 70 streets and major highways.

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