Allen & Overy in Moscow has advised on the acquisition from the Petropavlovsk Group of a project company that is going to build and operate a Russia-China border crossing over the Amur River.

The project was initially agreed upon at the intergovernmental level. It secures a logistical connection between natural resources producing locations in the Russian Far East and the key consumer markets in China and is strategic for both Russia and China.

The Allen & Overy team was led by Moscow-based partner Igor Gorchakov, assisted by senior associates Vladimir Zenin and Gareth Irving, and associates Max Meaker and Yanis Peters.

Igor Gorchakov, a partner based in Allen & Overy Moscow, said: "We are proud to have assisted on the initial milestone of what promises to be a landmark infrastructure project showing Russia's long-term commitment to both developing its transport infrastructure and the economic cooperation with China. It also marks the continuation of our track record of representations of governments and government-controlled investors in general and in the infrastructure sector specifically. We will look forward to assisting in bringing the newly acquired project to a successful financial close."