1. Alexander Bazhenov – Director,
PPP Center of Vnesheconombank
London
February 22, 2012

2. RUSSIAN INFRASRTRUCTURE IN BRIEF
} Russia`s GDP in 2011: $1.9 trillions*
} Amount of investments in infrastructure in 2010: 4% GDP**
} Projected investment demand in infrastructure up to 2020: more than
USD 1 trillion***
} Number of public stuff (2010): 1.648 millions
} PPP projects >400
* Rosstat
** Rosstat, 2010
*** Ministry of Economic Development RF, 2007
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3. PPP IN RUSSIA IN BRIEF
} No official PPP policy programme
} Federal legislation (Public procurement law, Competition law,
Concession law, Land law)
} Regional PPP legislation (56 regional PPP laws)
} Sources of Funding (International financial institutions, Russian
financial institutions, commercial banks, non-government
pension funds)
} State support options (Vnesheconombank, sovereign
guarantees, RF Investment Fund )
} PPP institutions
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4. KEY SECTORS FOR DEVELOPMENT
OF PPP PROJECTS
Transport Ecological Water Energy
infrastructure efficiency
Territorial Social Security & IT
development infrastructure safety
4
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5. MAJOR PPP PROJECTS IN RUSSIA
} Airports: Domodedovo, Pulkovo
} Highways: 15-58 and M4 (concessions)
} Water: BOTs in Moscow and St.-Petersburg, Rostov-on-Don lease and
investment contract, over 30 long term leases in various cities,
Krasnodar region (concession)
} District heating: Irkutsk (concession), over 30 long term leases in
various cities
} Waste management: Yanino plant BOT, Nizhny Novgorod and
Volgograd region (concessions)
} Social infrastructure: Nizhny Novgorod sport centers (concessions),
St.-Petersburg schools & kindergartens (BOT)
} Infrastructure for regional development: project co-financed by the
State Investment Fund project, project in Kaluga
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6. VNESHECONOMBANK’S PROFILE
100% ownership
of the Russian
Federation
“State
Corporation”
Status (a non- Tax-exempt
commercial income
organization)
Special Federal Chairman of the
Law No. 82-FZ Supervisory
“On Bank for Board - Prime
Development” Minister ot the RF
Viability principle
(payback period, Not subject to
remuneration, regulation by the
investment
recoverability) RF Central Bank
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7. VNESHECONOMBANK’S PPP CENTER:
INVESTMENT ADVISORY SERVICES
function of the Russian Government financial assistance to regional and
advisor to assess financial, municipal project development
budgetary and economic efficiency (FARMPD) – Rub 2 bn annually from
of project applications for the State 2011 to 2015 (Vnesheconombank`s
Investment Fund subsidies Supervisory Board decision,
09.12.2010)
2009 2010 2011 - 2015
a Single Provider of Services on
Investment Consulting for the State
Needs of the Russian Constituent
Entities to Form Investment Projects
on the terms of public private
partnership (Government Order
№1372-r of 17.08.2010)
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8. PIPELINE OF PPP PROJECTS*
SPHERE OF PUBLIC APPLICATIONS FROM
INFRASTRUCTURE AUTHORITIES
Environment 34
Energy efficiency 10
Territorial development 15
Transport 16
Social infrastructure 17
Government 1
* as for July 14, 2011
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9. PIPELINE OF PPP PROJECTS IN 2012
CONSTRUCTION OF THE BRIDGE OVER THE VOLGA RIVER
IN NIZHNY NOVGOROD REGION
Sector of public infrastructure
Transport
Region
Nizhny Novgorod region
Subject
Construction of the bridge over the Volga river in Podnovie
CAPEX
$1.28 bn
Payback period
TBD
Advisors
Egis – technical adviser Herbert Smith – legal
adviser
PPP model
TBD (concession or LCC)
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10. PIPELINE OF PPP PROJECTS IN 2012
NEW CONSTRUCTION OF KINDERGARTENS AND SCHOOLS
IN KHANTY-MANSIYSK REGION
Sector of public infrastructure
Education
Region
Khanty-Mansiysk Region - Yugra
Subject
New construction of 61 kindergartens and schools in
Khanty-Mansiysk region
CAPEX
$ 655 mln
Payback period
15 years
Advisors
BDO– economic & legal advisor NAMIKS– technical advisor
PPP model
BOLT Intermunicipal agreement
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11. PIPELINE OF PPP PROJECTS IN 2012
NEW CONSTRUCTION OF KINDERGARTENS
IN ASTRAKHAN REGION
Sector of public infrastructure
Education
Region
Astrakhan region
Subject
New construction of 39 kindergartens
in Astrakhan region
CAPEX
~$ 113 mln
Payback period
~10 years
Advisors
BDO–legal advisor NAMIKS– technical advisor
PPP model
BOLT
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12. PPP IN RUSSIA WEB SITE
www.pppinrussia.ru
All about PPP in Russia:
www.pppinrussia.ru
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13. Thank you !
PPP CENTER
VNESHECONOMBANK
9 Ak. Sakharov ave., Moscow, Russia
tel.: +7 (495) 721-9332
fax: +7 (495) 604-6718
www.veb.ru
www.pppinrussia.ru