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Moscow Agreed Upon Concession Terms for New Cable Way

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Moscow has finalized the agreed terms for the future concession agreement on creating and operating the cable way between Skhodnenskaya and Rechnoy Vokzal metro stations. The cable way construction is planned to be privately financed on the ppp-principles.

The total investments will amount to min. RUR 3.16 bn. The agreement time is 25 years. The future cable way length will be 2.3 km.

 

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