VTB Capital has taken part in the VIII “International Transportation Market: interaction and partnership” Conference. Andrei Bulinov, Head of Natural Resources and Transportation, Corporate Investment Coverage, VTB Capital, took part in plenary session and round-table discussion “Financial mechanisms of industry development”, covering a number of investment attraction issues: IPOs of companies from the Russian Railways holding, the use of PPP mechanism, financial instruments available to operators etc.
The conference was also dedicated to structural reforms on railways (including development strategy, time frames, financing specifics), innovations in railway building, tariff policy etc.
Andrei Bulinov, Head of Natural Resources and Transportation, Corporate Investment Coverage, VTB Capital: “Railways face the need for massive renovation, infrastructure development and rolling stock renewal due to rapid increase in cargo traffic and a long-running history of underfinancing in the industry. The infrastructure financing tasks must be resolved not only in the market, but with government support as well. At the same time, freight stock renewal and increase is a task for private operators, who are already active in using a wide range of financial instruments”.
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