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Vasily Golubev: Cooperation with Vnesheconombank allows integrated development of major investment projects in Rostov Region Press source: Official Internet Portal of the Government of Rostov Region

Implementation of the plan for joint activities of Vnesheconombank and the Government of Rostov Region, enacted at an investment forum in Sochi in 2013, was discussed at the meeting of State Corporation “Bank for Development and Foreign Economic Affairs”, business community and regional government that was held on August 20 by interim governor Vasily Golubev.
First Donskoy Sugar Plant construction was one of the subjects of discussion. INTERNATIONAL SUGAR CORPORATION, that is in charge for the project implementation, signed an agreement with investing company – Unvia Trading Limited (UK). The corporation managed to escape currency risks, and financing will be provided in rubles, - all this allows us to obtain bank guarantee, said Board Chairman of INTERNATIONAL SUGAR CORPORATION Dmitry Babanov.
The project initiator and the Government of Rostov Region count upon this cooperation with VEB in the matter of implementation of this investment project.
Chairman of State Corporation “Bank for Development and Foreign Economic Affairs” Vladimir Dmitriev stated that this sugar plant project is targeting import substitution and development of competitive products, and this is especially important for obtainment of Vnesheconombank support. He noted the great work performed by the corporation.
Among other things, at the meeting were also discussed further stages of cooperation concerning implementation of “MTE KOVOSVIT MAS”, “Eurodon” and “Atlantis-Pak” projects along with those of Novoshachtinsky oil refinery plant and others.
“Cooperation with VEB allows effective performance of crucial tasks of economic modernization. All the agreements achieved at the meeting will secure obtainment of funds necessary for implementation of significant economic and socially important investment plans of Rostov Region”, - says Vasily Golubev.
It bears reminding that the activity plan signed at investment forum Sochi-2013 by Governor Vasily Golubev and Chairman of Vnesheconombank Vladimir Dmitriev, includes implementation of 21 major investment projects with total investment amount of 114 bln rubles. The plan includes projects of construction and reconstruction of utilities and transport infrastructure facilities, industrial parks development, support for small and medium enterprises and others.

Vasily Golubev: Cooperation with Vnesheconombank allows integrated development of major investment projects in Rostov RegionVasily Golubev: Cooperation with Vnesheconombank allows integrated development of major investment projects in Rostov RegionVasily Golubev: Cooperation with Vnesheconombank allows integrated development of major investment projects in Rostov RegionVasily Golubev: Cooperation with Vnesheconombank allows integrated development of major investment projects in Rostov RegionVasily Golubev: Cooperation with Vnesheconombank allows integrated development of major investment projects in Rostov RegionVasily Golubev: Cooperation with Vnesheconombank allows integrated development of major investment projects in Rostov RegionVasily Golubev: Cooperation with Vnesheconombank allows integrated development of major investment projects in Rostov Region