Gleb Bryansky ,
Head of Economic Division, Russian News Agency TASS
Amitabh Kant ,
Managing Director and CEO, Delhi Mumbai Industrial Corridor Development Corporation Ltd.
Igor Levitin ,
Adviser to the President of the Russian Federation
Vadim Mikhaylov ,
Senior Vice-President, Russian Railways
Dennis Nally ,
Global Chairman, PwC
Yuri Soloviev ,
First Deputy President and Chairman of the Management Board, JSC VTB Bank
Private development funds, an independent regulator, take-out financing and availability-based payments and annuity contracts are a way, a good way, to move forward for Russia.
For our part, we are fully ready to participate in the development of any project, from the starting stages to the financial closing. We rely on international experience, since we have international partners in all our projects.
On 12 June 2013, 30-year papers at an “inflation+1” rate were issued for the first time ever in Russia. This was an unprecedented step for the Russian stock market, and for developing an instrument for investing pension funds into infrastructure projects in general.
The life cycle of an infrastructure project is longer than that of the government that makes the decision to start it. It’s important to make sure that these cycles don’t affect the project itself.
All too often government are treating infrastructure on a project by project basis. Governments should establish a comprehensive multi model infrastructure investment plan that relies on private investment.
Government should look beyond project-specific public-private partnerships toward much broader public-private cooperation. Many countries are realising value by expanding the participation of the private sector in infrastructure beyond financing and delivering it to include an active role for private players in identifying and scoping projects – finding ways to get the private sector involved along more of the infrastructure value chain.