The cost of the highway that will be built to connect Europe and the west of China through Tatarstan is calculated as 37 billion rubles, that is, 405 million dollars. The TASS agency reported that 4,3 billion rubles of the project cost will be obtained from the state budget and that the 23,8 billion ruble will be covered by the private sector.
The Republic of Tatarstan will also contribute 9,5 billion rubles to the project.
The toll between Moscow and Kazan is expected to increase the number of tourists visiting Tatarstan.
According to the Ministry of Transport, Kazan's Kamsko-Ustinski, Spasski and Zelenodolski districts after the opening of the road will also make great tourist development.
The new highway will unite the three federal roads passing through Tatarstan, serve as a ring road around Kazan and provide access to the Inner Special Economic Zone by the shortest route.
The issue was reflected in the media in July with the following news: Russian Prime Minister Dmitry Medvedev received approval for the China - Russia - Europe meridian motorway project, whose work began last year and was completed as a result of long efforts. According to the project, the highway will start from China. The highway will be connected to the city of Aktobe in Kazakhstan and will be connected to the city of Orenburg in Russia. The highway continues from Russia's Saratov, Tambov, Lipetsk, Oryol, Bryanskaya and Smolensk regions and will finally be connected to Belarus and then to Europe. The motorway of all cities, including Moscow, will be connected to the road, which will pass south of the capital Moscow. Thus, Chinese goods can easily reach Europe via Russia. Russia, on the other hand, will be able to send its goods to Europe and China via this highway. It will take its place among the countries that benefit from this project in the countries where the highway will pass through, such as Kazakhstan and Belarus.
The project, called the Meridian highway, will have a full 2 thousand kilometers in length. The estimated budget for the project is set at 9.4 billion dollars. Russian Prime Minister Dmitry Medvedev, who approved the project, instructed the Ministry of Transport of Russia and asked for negotiations with the Russian private companies and countries and private companies such as China, Kazakhstan and Belarus. The main contractor of the project was CJSC Russian Holding Company, one of the leading companies in Russia. Medvedev again instructed the executives of this company and asked for the participation of investors and investors in the project.