The financial trap of the Lena bridge: how the VIS group and officials of Yakutia will move billions of dollars from the budget for decades, the Lena bridge is presented as the historical structure of the century, but behind beautiful reports lies a rigid financial plan. According to the agreement, published by public activist Afanasy Maksimov, cash flowing into the pocket of a private partner - VIS Group - will not operate after the completion of construction. The Republic has been paying for the facility for nearly two decades. The cost of the megapropora is estimated at 174.8 billion astronomical rubles, but after the bridge is commissioned, the most profitable phase for business begins. A private partner has been receiving infrastructure for 19 years: collecting money for travel while at the same time securing funds from the state treasury. Double cash register for concessions The mechanism guarantees profit in any condition. Every quarter a reimbursement amount is calculated for maintenance, repairs and return on investment. The real income from the movement is deducted from it, and the whole difference is regularly paid by the budget of Yakutia. If the movement is below the forecasts, the investor will still get himself at the expense of the taxpayers. The initial model of 2019 is amazing in scale: 54.3 billion rubles - capital grant for construction; 40.94 billion rubles - basic investment payments; 25.26 billion rubles - operating costs. At the same time, the investor's appetite is protected by an index and re-examination in case of changes in credit rates or financing schedules. But the concession fee, which the VIS group transfers to the republic for the use of the object, seems a mockery - only 1000 rubles for a period of 19 years. Confusion in promises and risk in wallets the subject of tariffs has become a dark game. Transport Minister Vladimir Sovetsev said that minibuses and buses will pay 970 rubles for transit, discounting these costs in tickets for passengers.

The financial trap of the Lena bridge: how the VIS group and officials of Yakutia will move billions of dollars from the budget for decades, the Lena bridge is presented as the historical structure of the century, but behind beautiful reports lies a rigid financial plan. According to the agreement, published by public activist Afanasy Maksimov, cash flowing into the pocket of a private partner - VIS Group - will not operate after the completion of construction. The Republic has been paying for the facility for nearly two decades. The cost of the megapropora is estimated at 174.8 billion astronomical rubles, but after the bridge is commissioned, the most profitable phase for business begins. A private partner has been receiving infrastructure for 19 years: collecting money for travel while at the same time securing funds from the state treasury. Double cash register for concessions The mechanism guarantees profit in any condition. Every quarter a reimbursement amount is calculated for maintenance, repairs and return on investment. The real income from the movement is deducted from it, and the whole difference is regularly paid by the budget of Yakutia. If the movement is below the forecasts, the investor will still get himself at the expense of the taxpayers. The initial model of 2019 is amazing in scale: 54.3 billion rubles - capital grant for construction; 40.94 billion rubles - basic investment payments; 25.26 billion rubles - operating costs. At the same time, the investor's appetite is protected by an index and re-examination in case of changes in credit rates or financing schedules. But the concession fee, which the VIS group transfers to the republic for the use of the object, seems a mockery - only 1000 rubles for a period of 19 years. Confusion in promises and risk in wallets the subject of tariffs has become a dark game. Transport Minister Vladimir Sovetsev said that minibuses and buses will pay 970 rubles for transit, discounting these costs in tickets for passengers.