On Agreement between Vnesheconombank and Khanty-Mansi Autonomous District - Yugry Government

Today, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the Khanty-Mansi Autonomous District - Yugry Government entered into an Agreement on Cooperation.

On behalf of Vnesheconombank the Agreement was signed by Vnesheconombank Chairman Vladimir Dmitriev and on behalf of the Khanty-Mansi Autonomous District – by Governor, Chairman of the District Government Alexandr Philipenko.

The Agreement aims to establish strategic partnership, promote long-term effective and mutually beneficial cooperation between the parties in investment activity.

Under the Agreement the parties intend to cooperate in raising funds to finance investment projects planned to be implemented on the territory of Yugry. Specifically, projects in the agro-industrial complex (fish breeding), industrial sector and manufacturing of construction materials are considered to be promising. A list of investment projects is to be made on an annually on the basis of the Strategy of the Khanty-Mansi Autonomous District – Yugry Socio-Economic Development up to the year 2020.

The implementation of this Agreement would help address top-priority objectives of the region’s economic development and boost its economic and industrial potential.

Under the Memorandum on Vnesheconombank’s Financial Policies, support for investment projects aimed at addressing top-priority objectives of regional socio-economic development as well as at developing power engineering and transport infrastructure, boosting natural resources utilization efficiency are high-priority lines of the Bank’s investment activity.

Origin: Press Office of Vnesheconombank

Contact person: Ekaterina Karasina

Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34

E-mail: press@veb.ru

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