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11 March 2020, 10:50

Belarus preparing to launch tender for M10 Motorway investor

During the meeting. Photo courtesy of the Transport and Communications Ministry
During the meeting. Photo courtesy of the Transport and Communications Ministry

MINSK, 10 March (BelTA) – The Belarusian Transport and Communications Ministry is preparing to launch a tender to select an investor for the M10 Motorway reconstruction project. This matter was discussed during a working meeting between Transport and Communications Minister Aleksei Avramenko and EBRD Senior Banker Elena Gordeeva and Head of the EBRD Office in Belarus Marina Petrov, BelTA learned from the press service of the Transport and Communications Ministry.

The parties discussed the current issues and prospects for cooperation. It was noted that transport projects hold one of the leading places in the bank's portfolio. “I would like to note that Belarus is at the crossroads of trade routes from Europe to Asia. In this regard, we are facing challenging tasks to develop the infrastructure and increase the transport capabilities of the country,” Aleksei Avramenko said.

This year, the ministry continues preparations to launch the M10 Motorway reconstruction project on the section of 109-195km. The pilot project will be implemented on public private partnership terms. Currently, the ministry is holding the pre-qualification of investors, shortlisting the applicants. Applications have been filed by individual companies and groups of companies that have formed consortia from China, Turkey, France, the Netherlands, Russia and the Republic of Korea.

The parties stressed that the project to renovate the Р80 Motorway Sloboda - Papernya has been completed. In December last year, a loan agreement worth €259 million was signed to reconstruct the national bridges and the M3 motorway.

Belarus proposed to consider the project to reconstruct the M1/E30 Motorway as “an unrestricted road”.

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