AECOM Technology, a company that offers technical and management support services for a variety of markets such as government, water, energy, environment, and transportation all over the world, declared that it has gained an accord for the public-private partnership (PPP) concession to construct the M11 Highway project linking Moscow-St. Petersburg.
North-West Concession Company (NWCC), which includes private Russian investors and Vinci Concessions, a French company, has awarded the contract to AECOM Technology.
"InterContinental New York Times Square, New York, U.S.
The largest new-build hotel to open in Manhattan since 2002 and the largest hotel in New York to achieve LEED® certification. Credit: AECOM"
As per the terms of the accord, AECOM has been appointed as the Technical Expert for the project and it will supervise the adherence of the project with the pre-approved terms and conditions. The company will stay in touch with both the concessionaire – NWCC and the grantor – state company, Avtodor. The company will be engaged in offering its design review and construction overseeing services for the project. The highway project includes the plan, funding, building and operation of the first part of the new M11 motorway toll road for a length of 27 mi connecting Moscow with St. Petersburg.
The new highway will offer a viable substitute to the present M10 Rossia highway one among the busiest in Russia to connect Moscow with St. Petersburg, other cities nearby Moscow and the Sheremetyevo International Airport. The M11 highway whose construction has already begun is anticipated to get completed in a period of three years.
Source: http://www.aecom.com/