WEB.The Russian Federation has completed a project to create the largest infrastructure holding "Natsproektstroy"

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AK&M 06 December 2023 11:53

WEB.The Russian Federation has implemented a number of transactions of the last stage of the project to create the largest player in the infrastructure construction market: consolidation of the main production assets of the leader in the field of railway construction – the 1520 Group (including the companies Bastroymechanization, USC 1520, Lengiprotrans, Mostostroy-11 and Mostootryad-47) as part of JSC GC Natsproektstroy, as well as the sale of a 48% stake in VEB.The Russian Federation in JSC "GC "Natsproektstroy" in favor of LLC "Group of companies "1520". This is stated in the message of the WEB.RF.

Thus, the process of creating the National Project Construction holding has been completed. The construction holding has formed the Roads and Bridges Group (specializing in the construction of mainline road infrastructure), the 1520 Group (specializing in the construction of railway infrastructure) and the TEK Mosenergo Group (specializing in the construction of electric power and port infrastructure). WEB.The Russian Federation withdrew from the project with commercial benefits, fulfilling the function of a development institute.

WEB.The Russian Federation expects to continue to maintain close partnerships with JSC GC Natsproektstroy as a financial partner, providing financing for infrastructure projects implemented, including on the principles of PPP, providing guarantee support and long-term debt financing.

Currently, National Project Construction, modeled on the largest foreign infrastructure companies, has unique technologies and competencies in the field of design, construction, operation and financing of transport, energy and urban infrastructure facilities, which ensures Russia's technological sovereignty in the field of infrastructure construction. The order portfolio is more than 1.4 trillion rubles. The largest ongoing projects are the construction of the M12 Moscow – Kazan highway, the reconstruction of the M4 Don highway, the construction of the Lavna universal port in the Murmansk Region and the Taman port, the construction of transport chords and the development of the central railway hub in Moscow, the expansion of BAM. The total annual revenue is more than 500 billion rubles per year, the number of employees is about 70 thousand people.

The holding's leading positions ensure the implementation of national projects for the development of transport corridors in the eastern direction, North–South directions and the Azov-Black Sea basin, the creation of high-speed highways, the renovation of public transport infrastructure, as well as the entry of Russian companies into the markets of friendly countries.

The State Development Corporation VEB.RF (Vnesheconombank State corporation) (TIN 7750004150) was established on the basis of the federal law of the Russian Federation "On the Development Bank" through the reorganization of Vnesheconombank of the USSR in 2007. Vnesheconombank is one of the development institutions whose activities are aimed at eliminating infrastructural constraints on economic growth, improving the efficiency of natural resources use, developing high-tech industries, unlocking the innovative and productive potential of small and medium-sized businesses, and supporting the export of industrial products and services.