Corporation of Yenisey Siberia Development and Russian Agricultural Bank entered into cooperation agreement

18 November Corporation of Yenisey Siberia Development and Russian Agricultural Bank entered into funding and financing cooperation agreement for the purpose of social and economic development of Yenisey Siberia Comprehensive Investment Project regions.

The main cooperation avenues will be: interaction in the frame of investment projects implementation with the purpose to increase regional volumes of gross output and to diversify branch-wise Yenisey Siberia regional economics (Krasnoyarsk Territory, Republic of Khakassia, Republics of Tyva); assistance in development of public-private partnership at different phases of investment projects implementation; information and advice support for credits and banking support for contracts; development and support of small and medium businesses in Yenisey Siberia regions.

Director General of the Corporation of Yenisey Siberia Development Sergei Ladyzhenko noted that this agreement will have a positive effect on the economic environment in the three regions, where Yenisey Siberia Comprehensive Investment Project is being implemented. “We are interested in this agreement because when implementing such big amount of large-scale investment projects in the frame of Comprehensive Investment Project we need significant financial contributions. Russian Agricultural Bank is a reliable partner that will facilitate work on big variety of projects: in agricultural sector, extraction industry and high-tech industry” – Sergei Ladyzhenko said.

“Russian Agricultural Bank is planning to provide information and advice support to the participants of the projects being implemented in terms of credits and banking support of contracts. The bank will also help creating infrastructure for small and medium businesses both by means of organising seminars, conferences and round tables and by providing comprehensive services of such events,” – commented head of Krasnoyarsk division of Russian Agricultural Bank Natalia Mihailova.