The Silk Road News (October 17) disclosed that Meridian-CC7, a joint venture formed
between Russia’s JSC RHC, and China’s National Chemical Engineering and Construction
Company CC7 (a subsidiary of China National Chemical Engineering Group Corporation), is
preparing a private concession initiative for the construction of the Meridian High-Speed Toll
Road. The JV split is 51-49 in the favour of JSC. The Meridian High-Speed Toll
Road, expected to cost around 600 billion rubles (US$9.5 billion), is an ambitious project
aimed to complete the 2000 km route from Russia to China, and stretches from the Belarus
border with the European Union to the Russian border with Kazakhstan, providing the European and Urals leg of an existing highway that already crosses Kazakhstan to China. The
Meridian Highway will effectively link China directly to Western Russia by road
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