OREANDA-NEWS. July 02, 2010. A Conference ‘Formation of Investment Climate in the Machine-Building Sector. Priorities of Investment Policies’ was held in Moscow as part of the International Forum ‘Machine-Building Technologies 2010’. Vnesheconombank acted as an organizer of the Conference.

In attendance of the Conference were heads of national organizations and associations working in the machine-building sector, specialists of financial institutions, representatives of regional business structures.

The Conference’s participants discussed pressing issues of modernizing Russia’s machine-building sector and prospects for its development as well as issues of high-technology innovations in creating advanced machine-building production facilities and conditions for implementing new projects in this sector.

The participants stressed that one of the most difficult tasks facing machine-builders is to perform large-scale reconstruction and modernization of industrial enterprises, which can be fulfilled through stepping up investment activity at machine-building sector enterprises.

Vnesheconombank is responsible for providing the tightest credit resources – large-scale and long-term credits on the most favorable for project initiators terms, which are usually extended on the principles of project financing. Vnesheconombank’s participation in implementing investment projects of national significance allows private investors and financial institutions to classify them as acceptable in terms of profit-risk ratio and therefore participate in financing them along with Vnesheconombank.