MOSCOW TIME: 26.04.2024 13:45:08
Impresa Pizzarotti, Italy, and Russian Direct Investment Fund intend to invest about RUB 4 billion to create toll railroad crossings in the Moscow Region.
Russia and Italy to invest RUB 4 bln into toll railroad crossings in Moscow Region
Impresa Pizzarotti, Italy, and Russian Direct Investment Fund intend to invest about RUB 4 billion to create toll railroad crossings in the Moscow Region.
The toll crossings are expected to have been constructed until by 2018 in the Domodedovo and Balashikha city districts and Kubinka settlement. RIA Novosty reported this quoting Minister of Investments and Innovations of the Region Denis Butsayev.
According to him, the relevant concession agreement is currently been approved by the Russian Government.
It is stated that another investor is considering a potential investment to construct another 26 crossings in the same Region.
Impresa Pizzarotti was founded in 1910 as a construction company. Today it specializes in the construction of a wide range of facilities, including oil pipes in Algeria, a Disney Park in the vicinity of the French Capital and a hydropower station at Philippines.
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