Turkish Companies Eye Russian Transport Project

Turkish construction companies have expressed interest in transport projects in Russia which are part of the Comprehensive Plan for upgrade and expansion of the Russian mainline infrastructure by 2024, transport minister Yevgeny Ditrikh said on Friday at the Russian Investment Forum in Sochi.

“Our preliminary negotiations with Turkish companies highlighted their interest in assets in the Comprehensive Plan as well. They say they are ready to invest when speaking about the future,” the Minister said.

Turkish companies have participated in the construction of transport facilities in Russia over the past ten years. Rönesans Holding is the prime contractor for building the new Terminal B and two tunnels between terminals at Moscow’s Sheremetyevo Airport.

Another Turkish company operating in Russia is Limak, which became the prime contractor for construction of a new terminal in Khabarovsk Airport last spring, together with local partner Marashstroy.

According to Russian authorities, funding of the Russian government’s five-year Comprehensive Plan for upgrade and expansion of the Russian mainline infrastructure will be about 6.4 trillion rubles ($95.9 billion), including more than 3 trillion rubles ($45 billion) to be allocated from the federal budget.