Sections 7 & 8 of M11 Highway were constructed by “Two Capitals Highway” form 2015 through 2019. About 7,000 men and 2,500 machinery units were engaged into the construction.
VTB Infastructural Holding and VINCI Highways (a subsidiary of VINCI Concessions, one of the world's most prominent players in the field of concessions) take part in implementation of the project as shareholders of "Two Capitals Highway" LLC. The global experience of shareholders allowed us to bring many new things to the M11 Project in terms of improving the efficiency of construction and operation management.
IC İçtaş Astaldi ICA İnşaat Anonim Şirketi, a joint company established by Astaldi (Italy) and Içtaş Inşaat (Turkey), is the General Contractor. CECT Infrastructure Consultancy Ltd. is an independent technical expert of the Project.
For the first time in Russia, the mechanism of public-private partnership (PPP) in the form of concession agreement was used for the construction of the highway, which provides for the private investments raising and replacement of the part of budget expenditures for the Facility construction. Investments into the Project exceeded 80 bn rubles, among them the share of the state capital grant is 57.6 bn rubles, while the remaining portion consisted of private investments.
ICA – world-class expert in the construction of infrastructure facilities. It is an Italian-Turkish joint venture, one of the most successful contractors in Europe in the construction of transport, engineering, energy infrastructure, civil and industrial construction. The company is in the first hundred rating of "Top of the World's Largest Contractors".
