3 Upgrade of the existing line History of HSR 1 projectSaint-PetersburgHSR 1Oktyabrskaya lineMoscowSolution: to accelerate the existing lineUpgrade of the existing lineLaunch of SAPSAN trains (200 km/h)Solution: to build separate dedicated lineJSC “High-Speed Rail Lines” (PPP/LCC strategy)JSC VSMJSC “High-Speed Rail Lines”1990s2000s2009
4 Why PPP/LCC in Russia? Standard model PPP/LCC model Russians have no HSR experienceRussian Railways is at huge tech riskPrivate side takes technological risks.RR does not have to keep tech staffCorruptionHighLowInvestments100% from GovExpected 50/50 ratio.Private money are “smart” moneyMotivation to qualityStandardsRussianEuropeanDrivers to innovateNONEHIGHCosts controlUnpredictedExpected up to 50%
8 Development of procurement contracts “Old type” (Design-bid-Build)PPP: Life-cycle Contract/DBFMPPP: ConcessionsGermanyFrancethe minister of transport confirmed that new program on railway development will be based on PPPUKFinlandNetherlandsTaiwanPortugalSpainОчень важно подчеркнуть, что это – наше понимание картины мира. И нам было бы интересно получить мнение коллег по цехуTerminology:LCC (life cycle contract)is the same asDBFM (design-build- finance-maintain)and almost the same asPFI (Private finance initiative)
12 Main stages of the project Preparation of the HSR1 business caseShort listingTender processSecuring financing of the project201020112012International conference on HSR 1 in MoscowTenderSelection of contractor30 yearsFinancial closeEngineering surveyLand acquisitionA large-scale project for the harmonization of European and Russian standards
Your consent to our cookies if you continue to use this website.