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Russian Ministry of Transport
Igor Levitin
Establishing Public-Private Partnerships in
the Transport Sector
Moscow, March 3-4
% of GDP
$ billion
Extra-Budget Investments
BUDGET
Current financing from all
sources
need
Russian Transport
Infrastructure Priorities
1.
2.
3.
4.
5.
6.
7.
8.
Develop West-East and North-South international transport
corridors
Build high-speed main highways in European Russia, and complete
general highway network in the Russian East
Increase export port capacities in the Southern, North-Western and
Far East Regions
Establish the national hub airport network
Improve internal waterways and hydro facility system
Develop frontier passage points
Implement major railway infrastructure projects related to the
development of Siberian mineral deposits
Develop high-speed railway connections
SOCIALLY SIGNIFICANT PROJECTS
 High-speed Moscow – Saint-Petersburg highway
 Comprehensive reconstruction of Moscow hub airport, including the
construction of the new Sheremetyevo-3 international passenger
terminal
 Reconstruction of the Central Motor Highway in the Moscow Region
 Construction of a bypass highway connection providing new access to
MKAD from the M-1 Belarus Highway
 Completion of the bridge across the Volga River near Volgograd
 Comprehensive reconstruction of the Tolmachevo airport
PUBLIC-PRIVATE
INVESTMENT PROJECTS
1.
2.
3.
4.
5.
6.
High capital intensity and long payback period of infrastructure projects
Underdeveloped domestic financial and capital markets incapable of
providing “long” lending resources
Lack of legal framework ensuring protection of long-term investments – in
particular, concession legislation
Short-term budget planning preventing a system of strictly guaranteed
counterpart budget financing for long-term infrastructure projects
throughout the whole construction/reconstruction period
Non-existent practice of tax exemptions and preferences for investors
participating in capital-intensive and long payback projects
Underdeveloped land legislation (lack of explicit regulations for land
reservation and taking, as well as land use regulations for transport lands
and infrastructure-adjacent areas
Establishing Legal Framework to Attract Private
Investment in Highways
Federal Law on Concession
Agreements
Federal Law on Toll Roads