New concession agreements in the Republic of Tatarstan

New concession agreements in the Republic of Tatarstan
On October 18, 2022, a major concession agreement was signed in Almetyevsk in the housing and utilities sector in 2022 regarding the reconstruction and modernization of the facility for the production, transmission and distribution of thermal energy. The amount of investments in this project amounted to about 45 million rubles.

The concedent was the Executive Committee of the Almetyevsk Municipal District of the Republic of Tatarstan, and the investor of the project is the director of Altechnoservice LLC Albert Akhmetgaliev.
The agreement is valid until December 31, 2035.

The Tatarstan Investment Development Agency is one of the coordinating bodies for the consideration of draft concession agreements in relation to housing and communal services infrastructure facilities. In this regard, the Agency is working on the preparation of conclusions on the possibility of concluding these concession agreements in accordance with the Resolution of the Cabinet of Ministers of the Republic of Tatarstan No. 132 dated February 16, 2022.

Representatives of the Agency involved in the development of public-private partnership accompany projects of concession agreements, helping private investors to conclude agreements on favorable terms for both parties in a short time.

"For municipalities, concessions are a great way to modernize worn—out infrastructure or build a new one, in which a significant part of the costs is covered by the investor. The concession is currently the most developed form of PPP for attracting investments from the position of balancing the interests of private and public partners," says the head of the Agency Taliya Minullina.

On November 22, 2022, a training seminar will be held on the topic "the life cycle of concession agreements in the field of heat, water supply and sanitation: complex issues of conclusion, implementation and termination/termination" for those responsible for the preparation of concession agreements in the housing and utilities sector. During the seminar, amendments to the law on concession agreements, the practice of implementing CA and solving possible problems of CA at all stages of the project implementation will be discussed.

And a day later, on November 23, 2022, the V Industry Forum on Public-Private Partnership, which is traditionally held by the Tatarstan Investment Development Agency, will be held in the Bashir Rameev IT Park.

Among the main topics of this year's forum are the key factors contributing to the successful implementation of projects in the field of public–private partnership based on the practical experience of the regions. The Republic of Tatarstan actively uses the mechanism of public-private partnership for the implementation of investment projects.

Representatives of the largest banks of the Russian Federation, representatives of regional ministries and departments of the Volga Federal District, as well as specialists in the field of PPP from all over the country are expected to be among the guests of the 2022 forum.

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