Investment programme approaches

• ensure uninterrupted transportation service;
• embrace the most promising projects in terms of both commercial and budget efficiency;
• minimise federal government spending on investment projects.

All the investment projects have commercial and budget efficiency estimates in place and are ranked using the cost/benefit analysis.

The projects’ commercial efficiency is assessed based on the net cash flow from investing and operating activities, with the resulting estimates taking into consideration the financial aftermaths for the investment project owner assuming that such owner fully covers the project costs and reaps all of its benefits.

With a payback period of up to 20 years and an IRR of at least 10%, an investment project is deemed to be sufficiently efficient.