OREANDA-NEWS. The Federal Project Finance Center (Vnesheconombank Group), State Company Russian Automobile Roads (SC Avtodor) and the Finance University under the Government of the Russian Federation signed agreements on their joint activity on training specialists in public private partnership.

The agreementswere signed by Head of the University Mikhail Eskindarov, SC Avtodor Board Chairman Sergei Kelbach, OJSC FPFC Director General AlexandrBazhenov in the presence of Vnesheconombank's Chairman-Head of Department "Public Private Partnership" of the Finance University Vladimir Dmitriev.

The agreements provides for the further development of the basic Department "Public Private Partnership", created by Vnesheconombank in 2010 at the Finance University. Specifically, cooperation will make it possible to join forces and intellectual capitalof the largest players in the market for PPP projects in order to train highly qualified personnel to successfully implement PPP projects.

FPFC involved in preparing projects of regional and urban development for them to be later on implemented with the use of non-budgetary investments is to be responsible for the content of the PPP Department's educational, scientific and research activities. Business experience gained by State Company Russian Automobile Roads in applying PPP mechanisms will make it possible to engage highly qualified specialists in road infrastructurefor the PPP Department's teaching and research activities, create an additional base for students of the PPP Department to do practical training as well as implement sectoral educational and research projects.