The Public–private partnership practice and improvement for transport development was discussed in St. Petersburg

«Transport Potential» XII International Forum was launched in St. Petersburg. The key business program topic was the public-private partnership mechanism improvement for the transport projects implementation.

Two regions, namely St. Petersburg and the Moscow Region, shared their concession and public-private partnership appliance experience in order to create large infrastructure transport projects within the working forum session.

Roman Golovanov, St. Petersburg Investment Committee Chairman, emphasized that St. Petersburg large transport infrastructure projects became the public-private partnership mechanism development driver in the Russian Federation and proved its effectiveness.

«Western high-speed diameter, «Chizhik» tram route and Pulkovo Airport development, a unique experience in the legal and organizational support of the current projects, give us confidence in public-private partnership mechanism future development as a viable tool», Roman Golovanov said. - So, the Latitudinal Highway, the new M-49 highway in the Primorsky district and the tram line between the Kupchino metro station and Slavyanka are currently operating. The investment block developments in transport contributes to scaling the operation to other city’s economy priority areas».

A special working session topic was the cooperation legislative changes between private and public partners. The experts paid a special attention to the tendency toward FL-115 and FL-224 - two specialized federal documents positions convergence as well as the need for amendments relatively to the concession objects and participants’ financial obligations in the investment process.

Within «Transport Potential» XII International Forum business program, 12 working sessions are planned on rail, road and water transportation topics as well as the transport projects, tariff policies and customs regulation regulatory support issues.

Over 400 industry experts from 40 country’s regions, including the large commercial, legal and financial structures heads, as well as official regional and federal authorities representatives, participate in the forum.