State Transport Leasing Company invested over RUB 300 bln in development of Russia’s transport network – Maxim Sokolov
State Transport Leasing Company has invested over 300 billion rubles in development of Russia’s transport network, RF Transport Minister Maxim Sokolov said at the meeting with Russian President Vladimir Putin.
According to the Minister, the system of public-private partnership is being widely used for transport projects.
“For example, the State Transport Leasing Company has invested over 300 billion rubles in the national transport network. The PPP investment multiplier is one to four compared to the budget investment multiplier. It has helped produce over 70 aircraft, including 18 Sukhoi SuperJet planes, 50 sea and river vessels, and 30,000 rail cars”, said the Minister.
As STLC told IAA PortNews, the company’s fleet numbers 55 vessels of different types. In 2016, STLC entered into leasing contracts for delivery of 18 vessels built in Russia. The company is also implementing a programme on development of Vanino-Holmsk ferry line.
State Transport Leasing Company (STLC) is one of the leading companies in the Russian leasing market, a diversified leasing company being one of the top 5 leasing companies by volume of the leasing portfolio, an industry leader in the aircraft and water transport leasing sectors. STLC is an implementation tool of the state policy of control and development of the Russian transport industry. The sole shareholder of the company is the Russian Federation represented by the Ministry of Transport.
Its principal activities are the leasing of air transport, sea and river vessels, railway vehicles, trucks and special equipment as well as energy-efficient urban passenger transport, including gas and electricity propelled vehicles.
STLC also facilitates the utilization of Russia’s transit potential, and develops transport and infrastructure projects using the leasing mechanism.
Related link:
RF Government invests RUB 2 bln in STLC’s equity to develop Vanino-Kholmsk ferry line (Sakhalin region) >>>>
