The Russian Direct Investment Fund (RDIF), the sovereign wealth fund of the Russian Federation, AVTOBAN, a Russian road-building company, and Makyol, a Turkish construction company, have announced a joint agreement to establish a consortium to build and operate the fourth section of the Moscow Central Ring Road under a 30-year concession agreement.
Infrastructure/PPP news in Russia
VTB Capital has completed the sale of a stake in the operator of Pulkovo Airport in St. Petersburg, Russia.
Russian construction company DSK Avtoban has announced it has secured new lenders for stage three of the Moscow Central Ring Road, one of the largest infrastructure projects in Russia.
DSK Avtoban and the Russian Direct Investment Fund (RDIF) have signed a concession agreement with Avtodor, Russia’s state highways agency, for the financing, construction and operation of section four of Moscow's central ring road (CCR).
VTB Capital has signed an agreement with a consortium comprised of the Russian Direct Investment Fund (RDIF), Mubadala Development Company and other leading Middle Eastern and Asian co-investors alongside Baring Vostok Private Equity Fund V and related funds (Baring Vostok) to sell a 25% equity stake in Thalita Trading Limited. Thalita is the holding company of Northern Capital Gateway Ltd, which operates Pulkovo Airport (LED) in St. Petersburg, Russia.
Russian construction company DSK Avtoban has announced it has reached financial close on stage three of the Moscow Central Ring Road, one of the largest infrastructure projects in Russia.
RDIF, Changi Airports International and Basic Element consortium acquires Vladivostok International Airport
Acquisition of shares in Vladivostok International Airport in Russia’s Far East from Sheremetyevo International Airport. A consortium comprising the Russian Direct Investment Fund (RDIF), Singapore’s Changi Airports International (CAI) and Russia’s Basic Element, signed the agreement.
The Russian Direct Investment Fund (RDIF) and National Investment and Infrastructure Fund (NIIF), established by the Government of India with the support of RDIF, have agreed to set up a US$1 billion Russia-India Investment Fund.
The Russian Direct Investment Fund (RDIF) and Rönesans Holding, the leading construction, real estate development and investment company, have reached an agreement to expand the scope of their joint investment activities.
In April, the St Petersburg city authority awarded to TTC the concession contract after a tender process in which the consortium was the only bidder. The contract comprises the design, build, finance, operation, and maintainance (DBFOM) of the tram network under a public private partnership (PPP) contract with a duration of 30 years.
The Russian Direct Investment Fund (RDIF) together with Italian Pizzarotti Group will act as investors and Gazprombank – as financial advisor, lead arranger and lender for the Municipal Hospital no. 40 PPP project of St. Petersburg.
China has agreed to provide a RUB400 billion (US$6.1 billion) loan for the Moscow - Kazan high speed line PPP project during the sixth meeting of the Russian-Chinese working group on high-speed railways cooperation, which was held in the Chinese capital Beijing from 26 to 27 April 2016.
The consortium of Avtodorozhnaya Stroitelnaya Korporatsiya, LLC includes DSK Avtoban, OJSC and Spanish company Sacyr Concession. The Russian Direct Investment Fund acts as a financial partner and supports the consortium together with the leading sovereign funds of the Middle East.
Rivoli, a company associated with Novaport, has acquired a 38% stake in Murmansk airport from the government of Russia.
DP World has purchased a 49% stake in NUTEP terminal in Port of Novorossiysk, Russia, for a total consideration of US$330 million.
The New Development Bank established by the BRICS states, Brazil, Russia, India, China and South Africa, plans to lend about US$2 billion to finance energy solar projects in India.
Italian construction company Pizzarotti will build a modern 504-bed hospital complex in the city of Saint Petersburg, Russia.
Global trade enabler DP World and the Russian Direct Investment Fund (RDIF) have announced the launch of a new joint venture company targeting ports, transportation and logistics infrastructure in Russia. .
The government of Khabarovsk territory, Russia, has announced a tender process to develop the Eastern bypass for Khabarovsk through the PPP model.
The revised version of tender documents was released on the website of State Company “Avtodor” on December 24, 2015. Avtodor plans to announce the start of the tender process on 26 January 2016.