Vnesheconombank and Tambov Region Administration Enter into Agreement

28 march 2008 года
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Today on March 28, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the Tambov Region Administration entered into an Agreement on Cooperation.

The Agreement was signed by Vnesheconombank Chairman Vladimir Dmitriev and Tambov Region Governor Oleg Betin.

The Agreement aims to establish strategic partnership and promote long-term, effective and mutually beneficial cooperation between the two sides in investment activity.

Under the Agreement the two sides are determined to cooperate in raising funds to finance investment projects planned to be implemented on the territory of the Tambov region. Specifically, projects in such sectors as agroindustrial complex and construction materials manufacturing are regarded as top-priority ones. A list of these projects is to be made annually taking into account socio-economic development priorities of the Tambov region.

The implementation of this Agreement would help address high-priority objectives of the region’s socio-economic development and boost its economic and industrial potential.

 

 

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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Vnesheconombank Deputy Chairman Anatoly Ballo Participates in a Meeting of the Council under the Russian President’s Plenipotentiary Representative in the Far East Federal District

27 march 2008 года
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A meeting of the Council under the Russian President’s Plenipotentiary Representative in the Far East district was held in Magadan. In attendance were constituent entities’ heads and representatives of executive authorities.

Participants in the meeting discussed issues of socio-economic development of the Far East, in particular, prospects for promoting investment activity on the territory of the district and providing support for high-priority industries of its regions.

Representatives of State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’including Vnesheconombank Deputy Chairman A.B Ballo, Vnesheconombank’s Regions Development Department  Director I.N. Valitov and Head of Directorate for Cooperation with Government Authorities S.I. Astafurov took part in the meeting of the Council at the invitation of the Russian President’s Plenipotentiary Representative in the Far East district O.A Safonov.

In the course of the meeting Vnesheconombank Deputy Chairman A.B. Ballo spoke on the theme of “Vnesheconombank’s Regional Investment Policy.” A.B. Ballo informed the participants of the Council’s meeting about the completion of establishing a state development institution in Russia. Mentioning the importance of investment activity for boosting the economic potential of the district, he said that it was necessary to open the Bank for Development’s representative office on the territory of the district. He also highlighted problematic issues of working out and implementing investment projects as well as possible ways of addressing them.

 At the same time, Vnesheconombank Deputy Chairman A.Ballo said that the Bank was ready to do its best to provide overall assistance and offer consulting services in working out and preparing investment projects of great importance for the district’s regions and in giving training to personnel to establish cooperation with the Bank for Development.

 

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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