ML has successfully worked on the first toll road concession project in Russia, implementing under the model of a private concession initiative

Maxima Legal has taken part in the first roadwork concession project in Russia; the project is implementing under the model of a “private concession initiative” (type of unsolicited proposal in Russia). Our work in this matter was led by Vladimir Kilinkarov, Partner and Head of the Public-Private Partnership department at Maxima Legal. The toll road is to be located in Naro-Fominsk (in the Moscow region) joining a motorway linking Kubinka to Naro-Fominsk and a motorway from Naro-Fominsk to Novonikolskoye and then Vasilchinovo. The drafting and finalising of the concession agreement completed all the steps prescribed by the law and OOO Naro-Fominsk Platnaya Doroga was the only bidder for the construction of the motorway. The Concession Agreement was signed on 14 September 2016.

Platnaya Doroga is widely known for its active role in the development of infrastructure in the regions of Russian under public-private partnerships. ML and Platnaya Doroga are working closely together on a number of other PPP projects in the central part of Russia.