OREANDA-NEWS. December 9, 2011. Under the educational project “Training of Specialists – Participants in Investment Projects Implemented with the Assistance of Development Institutions” State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ conducted a workshop for specialists working in government and municipal authorities of the Urals Federal District’s constituent entities and representatives of business structures.

A welcoming address was given by Deputy Governor of the Tyumen region Vladimir Mazur, Chief Federal Inspector of the Tyumen region Andrei Rutsinsky and Director of the Department for Investment Policy and Government Support for Entrepreneurship in the Tyumen region Vadim Shumov.

The workshop’s participants were informed in great detail about main lines of Vnesheconombank’s investment activity, principles and criteria of selecting investment projects, terms of projects’ financial organizational support with the use of public private partnership mechanisms. As part of the workshop a presentation of Vnesheconombank’s subsidiary – VEB-Leasing was made. In the course of the round-table discussion “Investment Potential of the Urals Federal District” specialists of Vnesheconombank’s Group commented on the investment projects provided to the workshop’s participants.

In the attendance of the workshop were 50 representatives of the regions comprising the Urals Federal District.

Vnesheconombank signed agreements on cooperation with the following Russian constituent entities of the Urals Federal District: the Sverdlovsk region, the Chelyabinsk region, the Khanty-Mansi Autonomous Area, the Yamalo-Nenets Autonomous Area. An agreement on cooperation between the Kurgan region and CJSC Tobolenergo in modernizing the public utility system was also signed.

Vnesheconombank participates in implementing the following investment projects of the Urals Federal District:
the Koltsovo Airport Modernization ( the total amount of investment is 3.369 billion rubles, with Vnesheconombank’s participation share being 2.3 billion rubles);
construction of the Urengoi power station (the investment amount is 24.48 billion rubles with Vnesheconombank’s participation share being 21.28 billion rubles through purchasing OJSC INTER RAO UES shares by the Bank.
construction of a Propylene Manufacturing Integrated Facility with a capacity of 500 thousand tons per year in the city of Tobolsk (the amount of investments is 2.43 billion US dollars, with Vnesheconombank’s participation being 1.44 billion US dollars). The projects was presented with several awards of foreign journals: Project Finance – “European Deal in Petrochemestry”, Trade Fianace – “The Best Deal of 2010”, EMEA Finance – “The Best Deal of 2010 in the Chemical Sector of Central Eastern Europe”).

At present Vnesheconombank is considering 14 investment projects in the Urals Federal District worth 175.3 billion rubles, the Bank’s projected participation share is 121.3 billion rubles. More than 21.1 thousand jobs are scheduled to be created as a result of the investment projects’ implementation, budget revenues are to increase by 87.4 billion rubles.