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The third section of the Central Ring Road can be financed by foreign capital.

September 10, 2017
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The third section of the Central Ring Road can be financed by foreign capital.For the competition dedicated to the choice of the investor and builders of the third section of the Central Ring Road (CKAD), 5 consortia were submitted. The most interesting thing is that 4 of them are part of foreign investors. Also, consortia included construction companies Gennady Timchenko and Ruslan Baysarov.

The winner-investor of this competition will undertake to invest 32.7 mil in this construction project. rub. It may be noted that it is a rather large interest of foreign capital, which means that foreign partners are optimistic about Russian projects.

From which it follows that the state-owned company Avtodor is interested in any companieswho have experience in the implementation of construction projects and in the operation of roads, ranging from investors, to operators and builders. The advantage of foreign companies is that they can make successful innovations, perhaps managerial decisions.

But Avtodor does not focus exclusively on attracting foreign capital, but rather stimulates the formation of domestic investments in their industry. Consortia from the union of foreign and Russian companies will give Avtodor the necessary experience and financial investments.

The competition itself started on August 29, all submitted applications will be reviewed and the results will be announced before December 1 of this year. Open negotiations will be held with selected consortia until March 27, 2015.

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