Project participants
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.