Concession agreement between Arkhangelsk and OOO RVK-Centre won the ROSINFRA National Prize
This infrastructure project is recognized as the best solution in the field of housing and utilities. Today, the winners have been awarded during the business programme of the Russian Investment Forum, which is held in Sochi on these very days.
The ROSINFRA Prize was established by the National Centre for public–private partnership (PPP) with the support of the all-Russian Business Russia public organization, the Chamber of Commerce and Industry of the Russian Federation and the Agency for Strategic Initiatives to select the best state-run infrastructure practices that ensure participation of private investors in the PPP format.
In 2018, 100 applications from 36 constituent entities of the Russian Federation were submitted for the award. The winners were chosen in 11 categories comprising PPP projects in various sectors of the transport and social infrastructure, as well as in the areas of ecology, housing and utilities, and the development of the urban environment.
According to the results of the competitive selection in the nomination “The Best PPP Project in the Housing and Public Utilities Sector” for 2018, the project for water supply and wastewater systems in the city of Arkhangelsk, implemented in the format of public-private partnership by the municipal entity “The City of Arkhangelsk” and OOO RVK-Centre.
Decision-making was based on the indicators to be achieved in the framework of the project investment activities, expected socio-economic consequences, as well as information about the volume of extra-budgetary investments.
"The project is aimed at solving problems in the water supply and wastewater system in Arkhangelsk. At the moment, it received a solution in the form of appropriate documentation and investment support. Of course, the main task is to transform the idea into reality. At the same time, it is pleasant to be highly appreciated by ROSINFRA, the National Centre for Public-Private Partnership, which recognized our infrastructure project in the housing and utilities sector as the best. This means that we are noticeable for the expert community, for those who actually lead and evaluate public-private partnership projects in the country", said Igor Orlov, the Governor of the Arkhangelsk Region.
The agreement between The City of Arkhangelsk municipal entity and OOO RVK-Centre was concluded for a period of 49 years. The concessionaire company is obliged to invest in the water supply and wastewater system of the regional centre about 13 billion roubles, and also to pay off most of the Vodokanal’s (Municipal Water Utility) debt in the amount of about 1 billion roubles.