During the St. Petersburg International Economic Forum 2019, VEB.RF’s Chairman Igor Shuvalov and Governor of Ulyanovsk Region Sergey Morozov signed an agreement on cooperation between Ulyanovsk Region and VEB.RF. The Agreement addresses the priority tasks of developing the region’s transport system.
In particular, the parties intend to cooperate in the modernisation of a tramway system and construction of new tram lines in the Nizhniy Novgorod agglomeration. VEB will use its leasing mechanisms to help renew the tram and bus fleet. VEB.RF is also prepared to assist the region in designing project financing schemes.
Igor Shuvalov said: “Historically, Nizhniy Novgorod has been one of the key national economic centres. In April, the region’s capital hosted a business mission of the development institutions. We were shown a number of promising projects. An integrated approach to the agglomeration’s transport problems may dramatically improve the quality of urban infrastructure.”
Governor of Nizhniy Novgorod Region Gleb Nikitin said: “We understand that today a stable development of the Nizhniy Novgorod agglomeration requires large-scale and capital-intensive projects. The leading development institution’s endorsement of our ideas proves that the federal government views Nizhniy Novgorod Region as a high growth potential territory, comfortable for residents and attractive for investors.”
During the St. Petersburg International Economic Forum 2019, VEB.RF’s Chairman Igor Shuvalov, DOM.RF’s CEO Alexander Plutnik and Interim Governor of Sakhalin Region Valeriy Limarenko signed an agreement on cooperation between Sakhalin Region, State Development Corporation “VEB.RF” and the Foundation of Integrated Housing Development Institution (established by DOM.RF).
The parties agreed to cooperate in addressing priority tasks of social and economic development of Sakhalin Region. The Agreement also specifies joint pilot projects. The first project is aimed at the gasification of the region’s power- and heat supply sources using the public-private partnership approach. The second one deals with the development of urban environment in Yuzhno-Sakhalinsk. The project provides for the construction of a residential block as well as social and business blocks in compliance with the standard of integrated spatial development.
“We very much appreciate the assistance of development institutions. It will enable us to transform and improve the life of thousands of Sakhalin residents, to provide them with green energy, heating, and new jobs much sooner, within just a few years. We’ll be able to minimise coal consumption, massively improve the image of the island capital, and move people to new comfortable houses,” Interim Governor of Sakhalin Region Valeriy Limarenko said.
The region’s head of administration also stressed that he was looking forward to further cooperation with development institutions and new joint projects.
VEB.RF’s Chairman Igor Shuvalov said: “This Agreement is another milestone in our cooperation with Sakhalin Region. In April, development institutions sent a team of their representatives to the region on a business mission. We discussed promising investment projects. The region has considerable potential for the municipal economy development. The Agreement sets a regulatory framework required to implement these joint plans.”
“The integrated urban development is about creating not only the prerequisites for economic growth but also a comfortable urban environment. It is an essential basis for sustainable development. The tripartite agreement will help focus on developing the region’s competitive edges and give necessary impetus to overall growth in the region,” DOM.RF’s CEO Alexander Plutnik commented.
On 23 April, development institutions’ CEOs headed by VEB.RF’s Chairman Igor Shuvalov visited Yuzhno-Sakhalinsk. They had a meeting with Interim Governor of Sakhalin Region Valeriy Limarenko and his team to discuss promising projects, in particular, in transport, power generation, healthcare, and investment in municipal and tourism infrastructure.