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Construction of Kerch Bridge financed by more than 50%

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Construction of Kerch Bridge financed by more than 50%

Construction of a bridge across the Kerch Strait has been funded in amount of 116 billion rubles (approximately $2 billion), or more than 50% of a total project volume, the press office of “Taman” federal state enterprise reported on Thursday.

“Since the contract was signed in February 2015, the construction has been financed almost in amount of 116 billion rubles (this is more than 50% of the contract’s amount). At the moment, the commissioner of the construction, “Taman” federal state enterprise, has accepted the performed work in the amount of 55 billion rubles,”, - the press release states.

A 19-kilometer bridge will become the longest one in Russia, and it will connect the Crimean Peninsula with mainland Russia by a road and railway.

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