16 Nov 2009 15:56

Transportation cos to issue infrastructure bonds worth 75 bln rubles, $2.5 bln

MOSCOW. Nov 16 (Interfax) - Transportation companies might issue infrastructure bonds in 2010 totaling 75 billion rubles and $2.5 billion, Transportation Minister Igor Levitin said at a press conference held at Interfax headquarters in Moscow on Monday.

Major projects include a toll-section of the Moscow-St Petersburg highway (25 billion rubles), an Odintsovo bypass (14 billion rubles) and the Ust-Luga port, he said.

These and other projects will be discussed in more detail at the international transport forum from November 18-21, he said.