22 March 2019

Government of Khakassia discussed the Yenisey Siberia Comprehensive Investment Project implementation prospects

At the meeting of the interinstitutional taskforce, the potential of every project and opening of the new Yenisey Siberia Development Corporation office in Abakan were discussed. The investment projects will be supported by a team of specialists.

“The Government of the Republic considers the Yenisey Siberia project as a key development factor. Creation of new jobs and establishment of new production sites, transport infrastructure development are essential for Khakassia. It will bring more investment required to unleash the potential of our republic. Together with the Ministers, I will make all possible efforts to help this project to be implemented in an efficient way”, emphasized the Head of Khakassia Valentin Konovalov.

“It is extremely important for us that all the announced projects are implemented in the shortest term possible. This is one of the purposes of creating the Yenisey Siberia Development Corporation. Organized as a joint-stock company providing budget support, the Corporation works at the expense of the investors who contribute into the development of the projects. It is a brand-new approach to investment management for our country”, remarked the Director General of the Development Corporation Sergei Ladyzhenko.

There are twelve projects introduced to the Yenisey Siberia by Khakassia, implying the financial investment over 334.9 billion Roubles. Among them, there are: “Increasing the train-handling capacity of Artyshta-Mezhdurechensk-Tayshet track”, “Construction of Abakan-Biysk motorway”, “Establishment of the railway and motorway infrastructure for Beyskoe coal deposit”. Valentin Konovalov remarked that the industry expansion shall be also done with proper regard to the environmental requirements.