Vnesheconombank and Kaluga Region Government Sign Agreement

4 december 2007 года
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Today on December 4, the State Corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)” and the Kaluga region Government entered into an Agreement on Cooperation.

The Agreement was signed by Vnesaheconombank Chairman Vladimir Dmitriev and Kaluga region Governor Anatoly Artamonov.

In the long run, the Agreement aims to carry out a number of promising investment projects on the territory of the Kaluga region, specifically, projects to build and expand infrastructure of industrial and technological parks.

Under the Agreement the two sides would work out schemes for raising funds to finance investment projects in the Kaluga region. A list of investment projects is to be made annually on the basis of priorities of socio-economic development.

At present, Vnesheconombank is considering the possibility of participating in developing Vorsino and Grabtsevo parks in the amount of 3 billion rubles for a period of 5-7 years. The projects are expected to be financed through the management company - OJSC The Corporation for the Development of the Kaluga Region against guarantees granted by the local government.

This Agreement aims to fulfill a number of top-priority tasks associated with the region’s socio-economic development and to strengthen its economic and industrial potential.

 

Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 608-46-93, Fax: +7 (495) 975-21-34
E-mail: Press@veb.ru

 


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