Today, on February 1, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the Volgograd Region Administration entered into an Agreement on Cooperation.
The Agreement was signed by Vnesheconombank Chairman Vladimir Dmitriev and Volgograd Region Administration Head Nikolai Maksyta. The signing ceremony was held in the presence of Plenipotentiary Presidential Representative in the Southern Federal District Grigory Rapota.
This Agreement aims to establish strategic partnership and promote long-term, effective and mutually beneficial cooperation between the two sides in the investment business.
Under the Agreement the two sides are determined to cooperate in raising funds to finance projects aimed at fulfilling high-priority tasks of developing the region and enhancing its economic and industrial potential. Specifically, highly promising projects include those in manufacturing of building materials, transport infrastructure and agroindustrial sector. A list of high-priority projects is to be made annually on the basis of the region’s socio-economic priorities.
The implementation of the Agreement would help boost the region’s economic potential growth rate, its investment appeal and make the country’s economy more competitive as a whole.
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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