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Putin meets France's Le Pen in KremlinRussian Politics & Diplomacy March 24, 14:18
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Russian Aerospace Force to receive 200 medium-range aircraft missiles in 2017Military & Defense March 24, 14:14
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Russia’s Central Bank reduces key rate to 9.75%Business & Economy March 24, 13:39
“This is a very hard project for us. I am not sure that we will cope with it. I do not want to run reputational risks. It is unclear what the cost will be because there is no ready project. Nobody understands the geological features there. And neither do we. That is why the story is too risky. I fear to undertake that and fail,” Timchenko said.
The government will choose a contractor to build the 19-kilometer bridge until January; the sum of the deal will amount to 228 billion rubles (over $4.2 billion).Authorities will not appoint the Federal Agency for Special Construction (Spetsstroy) to conduct the works because of troubles that the agency has with its main project, the Vostochny Cosmodrome spaceport, business daily Vedomosti reported earlier in December. This step made Timchenko’s Stroytransgaz and Mostotrest, controlled by Arkady and Boris Rotenberg, the main competitors for the state order.