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Vnesheconombank to Support Russia’s Best Regional Investment Projects Through Industrywide Solutions in Priority Sectors

At a meeting held in Rostov-on-Don and chaired by Russian President Vladimir Putin, the Presidium of the State Council of the Russian Federation discussed the issue of enabling Russian regions to develop their industrial potential. Vnesheconombank’s Chairman Sergey Gorkov was present at the meeting of the State Council.

Providing support for major infrastructure projects, introducing innovations, including digital technological breakthroughs, and implementing high-technology industrial projects are on Vnesheconombank’s list of priorities. “As a development institution, Vnesheconombank is tasked with starting ‘mass production’ to select and carry out breakthrough projects that will have enormous significance for the Russian economy of tomorrow. First, to achieve this systemic change, we organised a team of regional managers. Eighty representatives of Vnesheconombank are proactively searching for the most promising investment projects in 51 Russian regions; we have begun to select the next batch of regional managers. Second, Vnesheconombank introduces industrywide solutions into the regions. This concerns the construction, selection, and customisation of proven business models in priority sectors. Third, the Project Financing Factory opens up new opportunities to attract investment from a wide range of sources in breakthrough projects that will have great significance for regional economies,” Sergey Gorkov said.

It is expected that cooperation agreements to set up and facilitate the implementation of regional projects based on existing and new model solutions produced by Vnesheconombank experts and analysts will be signed during the Russian Investment Forum, scheduled to start on 15 February in Sochi.


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