Bank of Moscow Grants Moscow Region Highways Centre Credit Facility
OREANDA-NEWS. June 25, 2012. Within the scope of Moscow Region development projects and programmes in the construction sphere, the Bank of Moscow has granted Moscow Region State Unitary Enterprise "Moscow Region Highways Centre" a credit facility of 2.4 billion rubles for a term ending on 31 December 2014.
The main purpose of the credit is to finance work on three subterranean tunnels to the Skolkovo innovation centre. Construction of the approach roads to Skolkovo constitute part of the target programme "Roads in the Moscow Area". GUP MO Moscow Region Highways Centre is the only contractor for the given construction works on the instructions of the President of Russia.
GUP MO Moscow Region Highways Centre is one of the biggest enterprises in the Moscow Region. It has successful experience of implementing large-scale projects for highway construction and use of roads and road network facilities.