We stake on institutional development banks ? Mashkevich

According to him, the ENRC Logistics is having stumbling blocks in the relations between the company and Kazakhstan Temir Zholy in implementation of the project of construction of Korgas-Zhetygen new railway line. Thereon depends the mechanism of the concessionaire revenues and return on investments. ?It is necessary to elaborate and approve a package of documents regulating the fees of railway lines services with facilities of railway transport under concession agreements?, Alexander Mashkevich said. As Alexander Mashkevich noted, the other key moment is connected with concession project financing. ?The so-called 'club financing' was defined as the optimal scheme of the project financing. Such model allows to minimize creditors? risks. Moreover, it was agreed to place stake on institutional development banks for their accession to the financial club?, Alexander Mashkevich stated.