The project for constructing a railway to the Kaluga Special Economic Zone implemented under a concession agreement between Russian Railways and Kaluga Region is one of the first projects to be IRIIS certified.
The IRIIS system developed by VEB.RF in collaboration with the National PPP Development Center and АЕСОМ is based on the methodology for assessing infrastructure project in terms of their economic efficiency, environmental safety and social impacts.
Upon certification, the project team will receive independent assessment for the quality of investment in accordance with leading governance standards and best practices.
Russian Railways and Kaluga Region agreed in 2019 to construct a railway to a new industrial cluster in Liudinovo, the Kaluga SEZ. This is a first regional concession in modern Russia.
The railway will enable the residents of the Kaluga SEZ to carry 1.6 million tonnes of cargo per year. Its opening is scheduled for September 2021.
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