About company

Two Capitals Highway

Two Capitals Highway LLC was established in July 2013 by VTB Capital and VINCI Group (France) to implement the project of construction and operation of Sections 7 and 8 of M-11 Moscow – St. Petersburg Toll Highway on the base of the public and private partnership.

Concession agreement

In April 2014, Two Capitals Highway LLC won the open tender for the right of conclusion of the concession agreement on financing, construction and toll operation of Moscow – St. Petersburg Highway at sections km 543 – km 646 and km 646 – km 684. The Concession Agreement between the Government of the Russian Federation represented by the "Russian Highways" State Company (Avtodor) and Two Capitals Highway LLC was signed on November 18, 2014.

Term of the agreement

The Agreement was concluded for 27 years (from November 2014, for construction phase of 2015–2018, and operation phase of 2018–2041).