Viktor Tolokonskiy outlined that Sibmost now proved its status of trustworthy company in its niche

Monday, 17 February 2014

When visiting Sibmost OJSC, Viktor Tolokonskiy, the authorized representative of the President of the Russian Federation for Siberian Federal District discussed large infrastructural projects to be implemented in Siberian regions, along with development perspectives with company leaders. Being one of the top bridge-construction companies, Sibmost OJSC is involved in the entire cycle of highway and railway construction with artificial facilities, bridges, runway system and airports, and other complex engineering structures.

Tolokonskiy outlined that Sibmost now proved its status of trustworthy company in its niche. He stated that the company should be ahead of time in its further activity to hold positions gained and get involved in programs of federal and regional level. He also noted on special beneficial tax regimens introduced in Siberian and Far East regions to stimulate private investors and the necessity of upgrading principles of urban planning policy. At present, it is impossible to solve transport issues in megalopolis without construction of two-level interchanges.

Albert Koshkin, the President of Sibmost OJSC, noted the volume of works to make 17.5 billion Russian rubles in 2013, and contracts concluded for over 60 billion rubles for future. At present the company performs in the territory of 14 constituent entities. Objects of high significance that put into operation within 2012-2013 in Siberia include Severniy obyezd of Novosibirsk, the two-level interchange in Tomsk, the large-scale reconstruction of Gorno-Altaysk airport. In 2014 the construction of bridges over the River Enisey in Krasnoyarsk and Ob in Novosibirsk, and reconstruction of Abakan airport will be continued. The company plans to participate in construction tenders for bypasses around large Siberian towns, airport reconstruction as part of small aviation business development and in construction of facilities to perform Universiada in Krasnoyarsk.

When discussing challenges associated with expensive projects, financing “interruptions” were accentuated. The partnership between the government and private companies for transport and infrastructure construction was discussed. The difficulty to ensure payback during construction of transport services was discussed with new alternatives to be offered for contractors to get a credit line in the bank for governmental works.