In the Vologda region is being implemented the major investment project

A large investment project "Construction of a second bridge over the Sheksna in Cherepovets" is being implemented in the Vologda region . The Governor of theVologda Region Oleg Kuvshinnikov started tendering procedures of the selection of a financial advisor, who will work out the financing structure and will prepare the concession agreement and search for investors.

"The city needs a second bridge, which will allow to reduce the load on the bridge Oktyabrsky and optimizes interregional traffic stream, - said Oleg Kuvshinnikov.

 The colleagues of the Development Corporation explored the question of finding potential investors for this project. The initiative of the cooperation showed Russian and foreign companies. They expressed readiness to participate in this project as investors. The colleagues of the Development Corporation have been proposed the scheme of the project financing and worked out variants of meetings for determination of further directions of cooperation.

Late October on the Investment Council under the Governor of the Vologda region the project entered in the list of priority regional projects. The new status means that the public authorities will attract independent professional advisers for providing communication with potential investors at the stage of project preparation and development of the concession agreement "turn-key".

"Construction of a new bridge in Cherepovets - one of the most important infrastructure projects of the" industrial heart "of the Vologda region - said Oleg Kuvshinnikov.

One Oktyabrsky bridge is not enough to connect the residential district of ​​the city with historically industrial and business center, where is more than 50 thousand people. That is why – from quality study of the financial model of the project to build a new bridge depends not only attraction of the federal funding, but also interest of leading investment and banking structures to the project"

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Vologda Region Development Corporation (OJSC)
Gertsen st.27, Vologda, Russia,
Phone: +7 (8172) 56-12-52, 56-21-03, 56-21-04

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