Internet guide to St. Petersburg, the cultural capital of Russia Internet Explorer: add to favorites 
St. Petersburg guide / Home page
 News | Events | Playbill | City | Tourism | Accommodation | Business
 Culture | Dine & Wine | Nightlife | Family | Health & Sports | Excursions
Services | Shopping | Classifieds | Forums | Map | Weather | Articles

Personal live guide to PetersburgOnline Map of St. PetersburgBusiness in St. Petersburg
 in St.Petersburg: October 17, 2017; 3:51am (GMT+4). Search:
 Business news All business news in St. Petersburg 
Warning: current() expects parameter 1 to be array, null given in /home/webs/city.air.spb.ru/system/advert.robo on line 24
News at PetersburgCity.com
City news
Business news
Culture news
Anniversary news

Business news
USD 420 Million Needed for St. Petersburg Dam Construction
07.25.2002 13:43

USD 420 Million Needed for St. Petersburg Dam Construction USD 420 will be needed to complete the construction of the defensive structure against flooding in St. Petersburg. This was announced at a public hearing on Friday by the head of economic and international work in the Russian State Construction Committee, Georgi Markosov. The dam should be completed by 2008.

According to Markosov, Russia will pay 17-20% of the total cost of construction. The remainder will be paid on credit from the European Bank of Reconstruction and Development (EBRD), the Northern Investment Bank et al. 'Talks are currently underway with several potential creditors. Construction will begin when all the money has been collected and all financial sources are confirmed, so as to keep the construction period as short as possible', Markosov said.

News source: rosbalt.com
Print this news


Business news archive for 25 July' 2002.
Business news archive for July' 2002.
Business news archive for 2002 year.
City news archive
July' 2002
SuMoTuWeThFrSa
 123456
78910111213
14151617181920
21222324252627
28293031   
       
Archive for 2002 year


 News | Events | Playbill | City | Tourism | Accommodation | Business
 Culture | Dine & Wine | Nightlife | Family | Health & Sports | Excursions
Services | Shopping | Classifieds | Forums | Map | Weather | Articles

Site Map | Search | Help/feedback | About | Advertise with us

Contacts: info@petersburgcity.com

(c) 2001-2016 "Information Resources" Agency