During the St. Petersburg International Economic Forum 2019, VEB.RF’s Chairman Igor Shuvalov and Governor of Tver Region Igor Rudenia signed a cooperation agreement. The agreement will allow the region to upgrade its transport infrastructure. Tver Region intends to establish a public company responsible for passenger traffic. The region is willing to renew urban passenger transport and is elaborating projects to deliver modern trams and buses with the use of leasing mechanisms. Tver is also considering renovation of the tram network. The first stage of the project stipulates the introduction of a new passenger traffic model in Tver urban agglomeration.
VEB.RF’s Chairman Igor Shuvalov said: “With its favourable geographic location, Tver Region has considerable potential for raising investment, and may become one of the most dynamic regions in Central Federal District. Together with the Governor’s team, we are scrutinising other investment projects that may give a new impetus to Tver Region’s development.”
Tver Region’s Governor Igor Rudenia commented: “Cooperation with a state corporation is an excellent opportunity to find an optimal financial solution for projects. In the medium term, we expect to create a public transport system in Tver urban agglomeration fully compliant with the relevant safety and comfort standards and satisfying human and corporate needs.”
In May 2019, the development institutions team headed by Igor Shuvalov was in Tver Region on a business mission. During the visit, the team analysed existing and proposed investment projects in tourism and timber processing, and a project aimed at renovating the Morozovsky Gorodok historical and architectural complex in Tver.
VEB.RF to Provide Chelyabinsk Region With New Environmentally Friendly Buses and Trams
During the St. Petersburg International Economic Forum 2019, VEB.RF’s Chairman Igor Shuvalov and Chelyabinsk Region’s Alternate Governor Alexey Teksler signed a cooperation agreement. The parties agreed to cooperate on projects to upgrade urban public transport in Chelyabinsk Region.
VEB.RF is ready to involve in investment projects aimed to modernise the tram and bus networks in Chelyabinsk, Zlatoust and Magnotogorsk. VEB.RF will use its leasing mechanisms to help renew the tram and bus fleet and to finance the delivery of modern LNG fuelled buses.
VEB.RF’s Chairman Igor Shuvalov said: “Upgrading the transport network in Russian cities is part of a large-scale agenda for the development of a modern urban economy. A comprehensive approach to the transport system modernisation in urban agglomerations will help to enhance the quality of life, improve public transport links between and within cities and other settlements, and deliver environmental improvements.”
“The cooperation agreement offers Chelyabinsk Region new opportunities for upgrading the urban transport systems. This is particularly important for Chelyabinsk urban agglomeration with a population over 1.5 million and an outdated public transport system. We need integrated concept solutions for interconnecting urban public transport systems. VEB.RF as a state development corporation has valuable experience in developing transport systems and may put forward its detailed proposals. I hope that the agreement will launch systematic work on upgrading the urban public transport in Chelyabinsk Region in the near future,” Alexey Teksler commented.