The delegation of the Murmansk region has successfully completed training from VTB on the implementation of major infrastructure projects

The delegation of the Murmansk region has successfully completed training from VTB on the implementation of major infrastructure projects

The delegation of the Murmansk Region took part in the final event of the VTB course "Large infrastructure projects in the regions of the Russian Federation: from idea to implementation". The intramural intensive was held on the basis of the ultramodern campus of the St. Petersburg State University Graduate School of Management in St. Petersburg.

The event was also attended by representatives of government authorities, development and business institutions from the Chelyabinsk and Leningrad regions, as well as the Khanty-Mansi Autonomous Okrug of Yugra and Perm Krai.

As part of the course, students gained practical knowledge on the implementation of projects based on the principles of public-private partnership: they studied the basics of financial modeling and analysis of the effectiveness of investment projects, gained experience in project risk assessment and management, reviewed examples of infrastructure projects implemented by VTB Group, shared their own experience in implementing PPP projects in the regions in various infrastructure sectors, and much more.

"VTB has a unique experience in the implementation of large infrastructure projects. We see that this expertise is in demand both from the authorities and from business representatives in many industries. The best VTB specialists in the course, developed taking into account the current needs of the market and economic realities, share applied knowledge with students and help to form an end–to-end expertise at all stages of the life cycle of investment projects - from idea to operation. Such an exchange of best practices makes it possible to significantly increase the effectiveness of the implementation of initiatives significant for the country – this is confirmed by feedback from listeners of the first launch of the program. And we are ready to expand programs to develop the financial competencies of our partners," said Olga Dergunova, Deputy President and Chairman of the Management Board of VTB Bank, Director of GSOM St. Petersburg State University.

As part of the event, Olga Dergunova was presented with a letter of thanks from the Governor of the Murmansk region Andrey Chibis for assistance in the implementation of investment projects in the region.

"VTB's educational program allows you to take a detailed look at the mechanism of public-private partnership. The methods of risk assessment of an investment project are especially useful. A step-by-step path from the idea to the launch of large infrastructure projects in Russia is presented and presentations on their example are given. Much attention is paid to the issues of project financing. We began to apply the acquired knowledge in the learning process. In the near future, we are preparing to launch two concession agreements on sports facilities," said Egor Bogachenkov, Director of the PPP Department of the Murmansk Region Development Corporation.

/ Ministry of Information Policy of the Murmansk Region according to PJSC VTB Bank /