Today on April 25, the Supervisory Board of State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ held its regular meeting chaired by Russian Prime Minister Victor Zubkov in Vnesheconombank.
Vnesheconombank Chairman Vladimir Dmitriev informed those present at the meeting about Vnesheconombank’s development strategy for a period of 2008-2012.
The meeting approved the Bank’s participation in the following major investment projects:
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lending of OJSC “Russian Railways” to implement the project aimed at developing the infrastructure of the transport route “Kuzbass – the Far Eastern Transport Hub”;
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the project to build a production facility for manufacturing low-speed turbines and generators using innovative technologies for nuclear power stations;
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financing of the program to develop water supply and water drainage systems for populated areas in the Krasnodar territory.
The projects discussed at the meeting are in line with principles and industrial priorities of Vnesheconombank’s investment activity specified in the Memorandum on the Bank’s Financial Policy.
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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