(Completed) Central Ring Road (TsKAD)

The project is a priority under Russia's transport strategy and was included in the federal target programme 'Development of Russia's Transport System (2010–2020)'. It supports cross-border transport on the Europe–Western China corridor and uses a public-private partnership structure.

The Bank participates in financing sections 3 and 4 of the Central Ring Road (TsKAD). Each section has its own transport value: it begins and ends at interchanges with existing federal highways, giving the surrounding regions an additional economic boost. All sections were built and opened on 8 July 2021. The road won the Formula Dvizheniya 2021 national transport award for Best Infrastructure Project (source).

The EDB's participation in TsKAD-3 totals RUB 12 billion, including senior debt through a bank syndicate, a subordinated loan and a 25% direct equity stake in the concessionaire. Its participation in TsKAD-4 is up to RUB 14 billion, including senior debt through a bank syndicate, a subordinated loan and bank guarantees during the investment phase.

Project team: Timur Abdullakhanov, Senior Managing Director and Head of Transport and Infrastructure; Sergey Paseko, Executive Director, Transport and Infrastructure Directorate; Larisa Melnik, Senior Manager, Transport and Infrastructure Directorate; Alexey Afanasyev, Director, Transport and Infrastructure Directorate; Ilya Ageev, Director, Transport and Infrastructure Directorate; and Yaroslav Akimov, Senior Manager, Transport and Infrastructure Directorate.