Russia’s depreciating infrastructure and shrinking government budgets are driving the demand for private money to fund infrastructure projects, with private equity well-positioned to capitalise on the opportunity, write MRIF director Pavel Nazarov (pictured) and Squire Sanders partner Christopher Rose.
With an estimated $1 trillion needed over the next 10 years, the scale of investment required to replace, modernize and expand Russia’s aging infrastructure is tremendous.
Russia is a developed industrialiased market. However, years of underinvestment have led to the current need to upgrade important aspects of the infrastructure.
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