Federal Law on private-public partnership published at legal information portal
Federal Law dated July 13, 2015 (No 224-FL) On private-public partnership, municipal-private partnership and on introduction of amendments into certain legislation acts of the Russian Federation has been published today, July 12, 2015, at the official internet portal for legal information.
The Law is aimed at creation of legal framework for attraction of investments into the economy of the Russian Federation and improvement of the quality of goods/works/services managed by the state and local authorities.
Private-public partnership is widely used for the development of port infrastructure including the project on Multipurpose Sea Cargo Complex "Bronka" (Gulf of Finland) and Port Taman Dry Bulk Area (Krasnodar Territory).
Multipurpose Sea Cargo Complex "Bronka" (MSCC Bronka) is being built on the southern shore of the Gulf of Finland, where the Dam and the Ring Road border the territory of Lomonosov. The Bronka Complex will comprise three specialized facilities: a container terminal encompassing 107 hectares, the Ro-Ro terminal of 57 ha and a logistics center of 42 ha. Container terminal will have a 1,220 m-long quay wall (including 5 berths). The length of Ro-Ro terminal's dock line will be 710 meters (3 berths). After completion of Bronka Phase 1 its capacity will reach 1.45 million TEUs and 260,000 units of Ro-Ro cargoes. In future the MSCC Bronka expansion will help increase the facility's container throughput to 1.9 million TEUs. Upon completion of the port's construction and dredging to the design mark of 14,4 meters in 2015 MSCC Bronka will be able to accommodate Post-Panamax containerships and the ferries of Finnstar class.
Implementation of the Bronka project is expected to generate 2,300 jobs at its marine terminals alone. The launch of MSCC Bronka operations is scheduled for September 2015.
