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Financing Transportation Investments In Russia: What Are The Opportunities And Challenges?. Economic Status of Russia in 2000-2030. Russian GDP Index. Percentage , %. Russian Industrial Production Index. Percentage , %. 1. Russian Foreign Trade in 1995-2006. MIO . $USD.
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Financing Transportation Investments In Russia: What Are The Opportunities And Challenges?
Economic Status of Russia in 2000-2030 Russian GDP Index Percentage, % Russian Industrial Production Index Percentage, % 1
Russian Foreign Trade in 1995-2006 MIO. $USD. Foreign Trade Turnover 2
Dynamics of Cargo Turnover in Russian Seaports and in Seaports of Neighboring Countries Russian Ports Ports of Neighboring Countries Turnover of Russian Foreign Cargo Cargo, total Coastal Cargo Foreign Cargo 3
Cargo Turnover in Russian Seaports 2000-2010 Mln.Tons 4
Cargo Turnover at Seaports Railway Stations in 2000-2010 Mln.Tons 5
Growth of Car and Truck Population & Motorization Level in Russia Passenger cars Trucks Buses Level of motorization Estimated Estimated Estimated Estimated Estimated
Perspective Development of Transport Infrastructure in Russia 4
Financing of Transport Infrastructure Development from State Budget (Federal Programs) (K.RUR)
Federal Program “Modernizationof RussianTransportation System (2002-2010)”, (BLN. RUR)
Breakdown of FederalProgram Resources Total 2,3% GDP
New PPP Tools In Russia • Investment Fund • Special Economic and Seaports Zones • State Development Corporation (VEB) • Russian Venture Companies: Russian Shipbuilding Company, United Aircraft Construction Company • Techno Parks
State Development Institutions • Investment Fund • State Development Corporation (VEB)
Common growth of Russian economy (+7% p.a.) Growth of Export and Import Cargo flows (+10% p.a.) Growth of Containerization (+17% p.a.) High demand in new Transport Infrastructure against the critical retirement level of existing assets (65%+) Market liberalization in Rail transports: Rolling stock, Depots, Locomotives Main trends boosting Transport Infrastructure Investments Huge Investments Needs in Russian Transportation Infrastructure
CAGR – 5 % Dynamics of Russian Railway Cargo Turnover, Bln. Ton/Km. Source: INFO Line
CAGR - 17% Dynamics of Containerized Cargo Turnover in Russia, Mln. TEU Source: Russian Department of Statistics, Evaluation KIT Finance
Federal Projects (State Budget) Regional Projects (PPP) Private Sector Projects Ring Road, Saint-Petersburg 2014 Olympic Games Facilities, Sochi Western High Speed Diameter, Orlovsky Tunnel, Saint-Petersburg Toll road Moscow-St.Petersburg Railroad Krasnoyarsk-Tuva Sea Ports (North, South, Far East) Network of National Industrial Parks Network of Intermodal Container Terminals Perspective Investment Sectors in Transport Infrastructure of Russia
PPP State Development Corporation (VEB) International Credit Organizations (IFC, EBRD) Direct Financing from Commercial Banks Private Infrastructure Funds Strategic Capital Investors Private projects: Financing Instruments
Seaports in Russian Federation: Saint-Petersburg, Ust-Luga, Novorossiysk, Nahodka • “East-Line”: Domodedovo airport (Moscow) • MLP, NLC - Networks of warehouses: 15 objects in Russia and Ukraine • “Eurasia-Logistic”- Industrial and logistics parks network: 6 projects in Russia in Progress • “Eurosib”- Intermodal container terminals network: 8terminals in Russia in Progress Private Transport Infrastructure Projects
Network of Intermodal Container Terminals • 15 objects: • First phase - 6 terminals • Second phase - 9 terminals • Total investments: 13 Bln.RUR (approx $500mln) • Total capacity: 750 000 TEU p.a. • End of the 2008: 3 terminals in operations with turnover capacity of 140 000 TEU p.a. Case study: Infrastructure project of the “Eurosib”
Terminal Network 1st phase:Locations 4, 7 млн.чел. 10, 2 млн. чел. 1,3 млн. чел. 1, 5 млн. чел.
Terminal Network 1st phase:Investments and Terms of Operations * 2-nd Stage – extension of container yard and warehouse complex
Terminal Network 2nd phase: Investments and Terms of Operation * 2ND Stage –extension of container yard and warehouse complex
Right choice of a perspective region:precise forecasting of regional needs in Intermodal terminals service, target clients focus Right choice of a land plot: logistics + infrastructure aspects Right choice of Technology design on projecting phase Supply of the hookup to railroad and utility networks: strong cooperation with local authorities Start-up phase, adjusting of operating procedure Project Management: key factors for success
“Eurosib” Group CAPEX, BLN. RUR 3,8 2,9 2,0 1, 5 2005 2006 2007 2008 16 years of experience in the Russian Transportation
Infrastructure Funds Strategic Investors “Eurosib” Group - Investment Provider “Eurosib” – Provider for Investors in Russian Transport Infrastructure High Effectiveness of Investments in Transport Infrastructure of Russia