VIS GROUP AND GAZPROMBANK SIGN MAIN CONCESSION FINANCING CONDITIONS FOR THE CONSTRUCTION OF A TOLL ROAD IN MOSCOW REGION

The main concession financing conditions for Vinogradovo — Boltino — Tarasovka toll road construction project were signed by Gazprombank and the Fourth Concession Company LLC (part of VIS Group) within the framework of the Eastern Economic Forum. The document was signed by the Deputy Chairman of the Board of Gazprombank Alexey Belous and Igor Snegurov, Chairman of the Board of Directors of VIS Group.

The concession agreement, signed on January 30, 2018 by the VIS Group and the Government of the Moscow Region, provides for the creation of a large-scale transport infrastructure facility. Gazprombank acts as the project’s financial consultant and a credit organization, providing financing in the amount of approximately 25 billion rubles. The funds raised will be allocated to capital expenditures for project implementation.

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