The Bridge to Crimea has pulled out almost 100 billion of the Russian Treasury

Kerch bridge

The Russian Government has financed the construction of the bridge across the Kerch Strait at the amount of 99.6 billion rubles (1.5 billion USD).

This was announced by Head of the Taman Uprdor federal agency (the Public Roads Administration of the Taman region) Roman Novikov.

“Financing is carried out strictly in accordance with the State contract and schedules. Total 99.6 billion rubles have been allocated since the beginning of the construction. 40 billion of them have been already allocated for payment of the works performed,” said Novikov.

According to him, this year’s limit of 65 billion rubles will be fully spent.

As reported, Russian oligarch Arkady Rotenberg’s Strojgazmontazh Company is the contractor of the Kerch Bridge. According to the State contract the total price for design and construction of the bridge is 228 billion rubles.

Russian President Vladimir Putin instructed to put the bridge in commission before the end of 2018. The Mintrans of Russia (the Ministry of Transportation) stated that the vehicular traffic would be opened on the Kerch Bridge by December 2018 and the railway one — in 2019.

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