Transport Concession Company

    Transport Concession Company

    Ownership
    1.25%

    Sector
    Infrastructure

    The Transport Concession Company is implementing the national concession public-private partnership project agreement signed in 2016 and expiring in 2046, for the construction and operation of the new light tram lines in St. Petersburg, the first private light rail tram in Russia. In 2019, the company successfully finished the construction of the tram lines, and is currently in its operating stage. 

    Mumtalakat’s investment was made via its co-investment programme with the Russian Direct Investment Fund (RDIF).