21:17 GMT +324 February 2018
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    Moscow-St.Pete toll highway project to start in 2007- minister

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    ST. PETERSBURG, June 12 (RIA Novosti) - Russia's economics minister Monday expressed hope that the construction of a toll highway between two largest cities in the country could start in 2007.

    "I hope that this new project will start next year," German Gref told a news conference dedicated to projects that will be presented in the framework of the St. Petersburg Economic Forum.

    The construction of a toll highway between Moscow and St. Petersburg is planned to be finished by 2010. A state-owned shareholders association will be created to attract domestic and foreign investment in the 180-billion ruble ($6.66 billion) project.

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