CRR (Central Ring Road), Startup Facility No. 1 : Open Project Presentation

On November 12, "RHW" SC and the Ministry of Transport of the Russian Federation presented in Moscow to the investment community the Project on Construction, Maintenance, Repair and Overhaul of Central Ring Road in Moscow Region, Startup Facility (Construction Stage) No. 1, Construction Section 1 (the First Construction Phase).

General parameters and tasks of the project and economic and legal aspects of its implementation were presented at the event.

 «For the first time the public-private partnership project is implemented with strong organizational support by the Government. In particular, for the first time the project network diagram is approved that links all events, parties in charge and officials. These are first of all the Ministry of Transport, the Ministry of Finance, the Ministry of Economic Development of the Russian Federation, and various federal agencies that influence decisions on land withdrawal, service lines removal, forest conversion, etc.,» Alexander Nosov, Management Board Deputy Chairman for Investment Policy and Corporate Development said.

The event was attended by representatives of Russian and foreign investment and construction companies, credit institutions, consultants and experts in the field of public-private partnership projects. 130 persons participated in the project presentation.