Russia has introduced a new mechanism for financing the construction and reconstruction of airports. This mechanism is intended to ease the burden on the state budget and attract private investors and banks to the development of airport infrastructure.

As the mechanism involves multiple stakeholders, the proper legal structuring of the balance of their interests becomes particularly important.

Alexander Dolgov, Partner and Head of the Infrastructure and PPP Practice at VERBA LEGAL, together with Yakov Fomin, Associate in the Infrastructure and PPP Practice at VERBA LEGAL, discuss this in more detail in their article for Expert magazine.