OREANDA-NEWS. October 11, 2007. The Presentation was made by the Russian Transportation Ministry and the Saint Petersburg Administration for potential foreign investors and partners.

This Project is aimed at the construction of a tunnel under the Neva River for establishing round-the-clock transportation between districts of Saint Petersburg. Financing of the project the total amount of which is roughly estimated at 26 billion rubles is planned to be carried out within public private partnership.

Vnesheconombank is exploring the possibilities of participating in carrying out the project by way of arranging long-term financing for a period of 25 years.