OREANDA-NEWS. October 3, 2011. Within the 10th International Investment Forum “Sochi 2011”, in the presence of the Chairman of the Government of the Russian Federation, V.V. Putin, the state corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” concluded loan agreements with LLC “Ford Sollers Holding”, LLC “Ford Sollers Elabuga” and CJSC “Ford Motor Company” for the total value of 36 billion rubles. On behalf of the Vnesheconombank the documents were signed by its Chairman, Vladimir Dmitriev, on behalf of LLC “Ford Sollers Holding” and LLC “Ford Sollers Elabuga” – by General Director of OJSC “SOLLERS”, Vadim Shvetsov, and on behalf of CJSC “Ford Motor Company” – by Vice-President of “Ford Motor Company” (USA) and Vice-President of Manufacturing of “Ford Europe”, Ken Macfarlane. Pursuant to these agreements, the funds are allocated to finance the investment project of creation of a joint venture “FORD-SOLLERS” involved in manufacturing of passenger and commercial cars, as well as of off-road vehicles, with a capacity of up to 350 thousand cars per year with the target localization level of not less than 60%, including Russian manufacturing of power units.