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Denis Kachkin presented at the St. Petersburg International Economic Forum

23.06.2012

The roundtable “PPP legislation development” took place today in the frameworks of the St. Petersburg International Economic Forum. The event was organized by the St. Petersburg Government Committee for Investments and Strategic Projects. Oleg Lyskov, the acting Chairman of the Committee, became the discussion moderator. Denis Kachkin, the Managing Partner of Kachkin & Partners, the member of the PPP Development Centre Expert Council, spoke on the recent legislative developments on public-private partnership in Russia. “The common understanding of the existing difficulties related to the dualism in federal and regional regulation is forming. The presence of a political will in the legislative process makes one hoping for an additional shot to the PPP development in Russia”, says Denis.

The roundtable is held in the days of the St. Petersburg International Economic Forum on a regular basis. The event has approved itself as the working site for coordination of the PPP development and promotion in Russia, compiling domestic and international experience in the implementation of the PPP mechanisms, spotting acute trends.

This year the delegates’ attention was devoted to the draft Federal Law on Public-Private Partnership. The experts discussed the necessity of the draft law adoption and the possible effect it would have on the promotion of regional projects. The participants also shared their views on the possibility of using the Federal Law on Concessions for a wide range of investment projects and considered the suggestions on amendments to the Federal Laws, i.a. Tax Code, Fiscal Code, Land Code, required for future PPP legislative developments.

The roundtable also welcomed:

— Alexander Bazhenov, Director of the Vnesheconombank Centre for Public-Private Partnership;

— Roman Golovanov, Head of the PPP Projects Department at the St. Petersburg Government Committee for Investments and Strategic Projects;

— Denis Travin, Director of Department of Investment Projects at the Ministry of Regional Development;

— Natalia Khanzhenkova, Managing Director for Russia at European Bank for Reconstruction & Development of Russia;

— Sergey Belyakov, Head of The Department for Investment Policy and Development of Private-Public Partnership at the Ministry of Economic Development of Russia;

— Olga Revzina, Partner at Herbert Smith;

— Evgeny Trusov, Partner at Ernst & Young;

— Rauf Yabbarov, Deputy General Director at Vnesheconombank Federal Centre for Project Finance.