Аnalytics

The European market of public-private partnership (PPP) is very sensitive to the market situation. The lasting economy crisis affected both the number of infrastructure projects with private capital participation and the total investment volume.

In implementation of PPP projects within the framework of concession agreements the investment of private investors are paid back, in accordance with Russian laws, either through raising charges of the population for services of using the facilities or through the public partner’s payments.

Many companies organize financing in Russia: from large banks, such as Gazprom and VTB, to small finance and law agencies. Most often it is credit facility, and in a number of cases it is project financing.

The market of consulting services in 2013 demonstrated a stable growth: according to the “Kommersant” Publishing House, the total market volume growth amounted to 10.9 %.

In Russia Vnesheconombank, Sberbank and VTB are most active in project financing. If for the former the important criteria of financial participation are social importance of the project and inclusion in the number of industries of the bank’s priorities (by the middle of 2014 the number of projects in the development bank portfolio amounted to about three hundred, and a half of them are infrastructure projects), Sberbank and VTB can also finance projects, for example, in the sphere of real estate construction.