Home » News » Cost Estimates for Road Construction: Insights from Mikhail Blinkin, Scientific Director of the Institute of Transport Economics

Cost Estimates for Road Construction: Insights from Mikhail Blinkin, Scientific Director of the Institute of Transport Economics

by Alexandra Hartman Editor-in-Chief

2023-12-21 17:21:32

The current average estimate of the cost of building 1 km of a single-lane road is from 120 million to 150 million rubles, says Mikhail Blinkin, scientific director of the Institute of Transport Economics at the Higher School of Economics. Considering that the number of lanes at the facility varies from 4 to 6 for city bypasses, this is at least 600-800 million rubles. per kilometer, he notes. According to Blinkin, the increase in cost is also due to the significant share of artificial structures in the total volume of construction, and especially extracurricular bridges. “Yes, the final cost is quite high, but there is nothing outstanding regarding it, everything is in accordance with world practice,” says the expert.

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