Russia gives $3 billion Crimea bridge contract to Putin ally


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

MOSCOW (AP) — The Russian government has awarded the contract for the construction of a $3 billion bridge to Crimea to a longtime ally of President Vladimir Putin.

In a decree published online Friday, the government said that a company owned by Arkady Rotenberg would be given the commission to build a bridge linking Crimea — the Black Sea peninsula that Moscow annexed from Ukraine in March — to mainland Russia.

Costs for the automobile and railroad bridge cannot exceed 212 billion rubles ($3 billion) and it must be completed by December 2018. The government decree does not give any specifics about the design of the bridge or exactly where it will cross the 5-kilometer (3-mile) -wide Kerch Strait, both of which would greatly influence cost.

The contract was given to Rotenberg without the public tenders that are typically mandatory for government-commissioned projects in Russia.

Rotenberg, a childhood friend and longtime judo partner of Putin's, is on the European Union and U.S. sanctions lists.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast