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Pressure On Dam Finally Threatens Breakthrough

Published: November 1, 2005 (Issue # 1118)


St. Petersburgs dam was given a boost Thursday, with the announcement of a new manager together with a massive increase in spending. Thanks to pressure at both local and federal levels the project is now due for completion in 2008.

Begun in the Gulf of Finland in 1980 but neglected for more than 15 years due to a lack of funding, the dam will next year receive 2.4 billion rubles ($84.137 million) from the federal government, compared to the 467.6 million rubles ($16.4 million) it received this year.

The figures were disclosed by Boris Paikin, head of the Directorate of the flood protection barrier construction, at a news conference last week. I have no doubts that the city will have the dam by 2008. Of course, what infrastructure there was has been destroyed, and we have to update the works according to new technologies, he said.

Construction of a 25.4-kilometer complex was resumed in 2003 and would comprise 11 stone and earth dams with two ship passages in between. A highway would be laid on top of the dam. To complete the construction 15 billion rubles ($525.67 million) are needed Paikin said.

Thanks to President Vladimir Putins personal interference the project got a second wind this year. Apart from an increased budget the dam received a new manager, straight from the private sector.

On Nov. 1 Paikin is to leave the Directorate of the Flood Protection Barrier Construction, and will be replaced by Vladimir Kogan, giving up his posts as chairman of the Industrial and Construction Bank and president of St. Petersburg Banking House to run the challenging dam project.

According to Igor Gorsky, general director of Kommercheskaya Nedvizhimost Becar, there is no technical obstacle preventing the completion of the dam on time.

The dam was not completed earlier because it was not being constructed. At the moment all necessary documentation is ready. The most difficult part earth mound and concrete constructions is finished. Only highway and ship passages are left to complete, he said.

Gorsky said that if the financial schedule was met then the dam could be completed by 2008. However, he admitted, financing has so far been rather irregular, intermittently rising and falling.

That is exactly what the new team headed by Vladimir Kogan is supposed to improve. Financial specialists are coming to run the project, people who know how to count money and how to give grounds to spending, Gorsky said.

Demonstrating confidence in the project, Gefest insurance company insured the project until the last quarter of 2007 for 1.5 billion rubles ($52.57 million).

The insurance covers construction of protective dams linked to sluices and anti-waves protective barriers. After completion of those works the north part of the dam will be finished, Vladimir Karyukin, insurance department director of Gefest, said in a statement.





 


ALL ABOUT TOWN

Friday, Oct. 31


Put your grammar and logical thinking to the test in a fun and friendly environment during the British Book Centers Board Game Evening starting at 5 p.m. today. The event is free and all are welcome to attend.



Saturday, Nov. 1


The men and women who dedicate their lives to fitness get their chance to compete for the title of best body in Russia at todays Grand Prix Fitness House PRO, the nations premier bodybuilding competition. Not only will men and women be competing for thousands of dollars in prizes and a trip to represent their nation at Mr. Olympia but sporting goods and nutritional supplements will also be available for sale. Learn more about the culture of the Indian subcontinent during Diwali, the annual festival of lights that will be celebrated in St. Petersburg this weekend at the Culture Palace on Tambovskaya Ul. For 100 rubles ($2.40), festival-goers listen to Indian music, try on traditional Indian outfits and sample dishes highlighting the culinary diversity of the billion-plus people in the South Asian superpower.



Sunday, Nov. 2


Check out the latest video and interactive games at the Gaming Festival at the Mayakovsky Library ending today. Meet with the developers of the popular and learn more about their work, or learn how to play one of their creations with the opportunity to ask the creators themselves about the exact rules.



Monday, Nov. 3


Non-athletes can get feed their need for competition without breaking a sweat at the Rock-Paper-Scissors tournament this evening at the Cube Bar at Lomonosova 1. Referees will judge the validity of each matchup award points to winners while the citys elite fight for the chance to be called the best of the best. Those hoping to play must arrange a team beforehand and pay 200 rubles ($4.80) to enter.



Tuesday, Nov. 4


Attend the premiere of Canadian director Xavier Dolans latest film Mommy at the Avrora theater this evening. The fifth picture from the 25-year-old, it is the story of an unruly teenager but the most alluring (or unappealing) aspect is the way the film was shot: in a 1:1 format that is more reminiscent of Instagram videos than cinematic art. Tickets cost 400 rubles ($9.60) and snacks and drinks will be available.



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