The rest of the funds are planned to be involved in China, where Wednesday begins road show.
The Russian section of the route Europe – Western China will cost more than 780 billion rubles, with half of these costs can take over the state. About this “news” told the Federal centre for project Finance (FCPF), which is part of the VEB group and is the developer of the project documentation.
Key indicators of the project of creation of International transport route (MTM) Europe – Western China on the territory of Russia will be presented April 21-22 in Shanghai as part of the preliminary road show of the project, on which work began in 2009 with the signing of the international tripartite Protocol.
According to an informative note on the project (at the disposal of “Izvestia”), the total length of the Russian part of the MTM Europe – Western China will amount to 2,192 thousand km. This construction will include 1,482 thousand km of construction on new sites from the Moscow region. According to FCPF, the total length of the road corridor Europe – Western China is more than 8 thousand km, of which 2,787 thousand km will pass on territory of the Republic of Kazakhstan, and 3,181 thousand km — people’s Republic of China.
“The estimated cost of construction for new stations in 2015 prices is the following: Moscow–Kazan — 438 billion, Shali–Bavly — 136 billion, the Bavly–Kumertau — 115 billion roubles Kumertau–Sagarchin — 94 billion rubles”, — reported in the media FCPF. Part of the project are also the sites of new Russian highways M-11 (Moscow – St. Petersburg) and the Central ring road (Central ring road), which will be launched in 2018. As noted in the materials of the FCPF, the implementation of the project in Russia will be implemented using the mechanisms of public-private partnership.
“In General, capital costs for the construction of the share of Federal funds is estimated to be up to 50%. Preferred circuit implementation of the project is the concession paid for the availability. The return of private investors can be attributed to the payment by the concession grantor. The period of operation — up to 26 years. The construction period is estimated at four years”, — stated in an informative note to the draft.
The document States that during the period of project implementation in the zone of passage of the new highway is expected intensive development of industry and creation of new production facilities that will allow to speak about the sectoral multiplier effect. Over the 30-year project period, the evaluation of the FCPF, this effect is estimated to be an additional 650 billion to GDP. The construction and subsequent operation of the route will increase the intensity of inter-regional communication within the country and get another 400 billion roubles.
It is assumed that the greatest socio-economic effect of highways will have Moscow, Leningrad and Nizhny Novgorod region and the Republic of Tatarstan and Bashkortostan. The positive effect, say the developers, will be associated with investments in the construction and development of regional infrastructure, as well as with the existing production and services in parallel with the emergence of new industrial clusters. The number of jobs in different sectors of the economy, which is expected to create in connection with the construction and operation of MTM, will be 115-135 thousand units. Another 30 thousand temporary jobs will be created directly during construction of the track.
The most promising investors of the project the experts of the Chinese company. This opinion was expressed in conversation with “Izvestia” the President of the partnership “New economic growth” Mikhail Dmitriev. According to him, this transit project could provide a successful catching-up development of Western China, which will help reduce the imbalance in the development of Eastern territories of China.
— By results of negotiations with investors we will be able to determine how much investment may involve in the project and on what terms. Based on these data, we will finalize the financial and economic model of the project. It is assumed that individual sections can begin to be built in 2017-2018, — said the first Deputy Director General of the FCPF Maria Panina.
She adds that during the road show in Shanghai will be specified the conditions of participation of investors in this project for reporting to the government, which will decide on its further implementation. According to innocent Alafinova, report to the government of Russia will be prepared in may this year.
