According to BNE a consortium comprised of VTB Capital, Gazprombank and international construction companies Astaldi (Italy) and Ictas Insaat (Turkey) has won the right to build the project, overtaking Vinci SA (DG) and its partners

Date August 09, 2011

Type Projects

Countries Russia

Subsectors Road

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According to BNE a consortium comprised of VTB Capital, Gazprombank and international construction companies Astaldi (Italy) and Ictas Insaat (Turkey) has won the right to build the project, overtaking Vinci SA (DG) and its partners

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▶LLC Northern Capital Highway, an infrastructure consortium including VTB Group as majority shareholder and OJSC Gazprombank have signed a loan agreement with a syndicate of banks including VTB Capital Plc, Gazprombank, the State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank), the European Bank for Reconstruction and Development (EBRD) and the Eurasian Development Bank (EDB)
▶Land acquisition for the project will probably cause project delays

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According to BNE a consortium comprised of VTB Capital, Gazprombank and international construction companies Astaldi (Italy) and Ictas Insaat (Turkey) has won the right to build the project, overtaking Vinci SA (DG) and its partners

Similar updates

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