OREANDA-NEWS. State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and he Primorsky Territory Administration approve a Joint Action Plan for the Compressive Development of the Region’s Territory for a Period of 2013-2018.

On behalf of Vnesheconombank the Document was signed by Chairman Vladimir Dmitriev and on behalf of the Primorsky Territory Administration by Governor Vladimir Miklushevsky.


Under the Plan Vnesheconombank Group and the Primorsky Territory Administration intend to cooperate in raising funds for financing investment projects to be implemented among other things on the terms of public private partnership as well as develop mechanisms for their implementation and cooperate in preparing project evaluations. Under the Plans the parties are also to assist in developing small and medium enterprises, industrial parks and clusters on the region’s territory.

The Primorsky Territory Administration plans to submit 12 projects for a total amount of 250 billion rubles. The parties decided to give top priority to projects in agro-industrial complex, natural resources processing, industrial and transport infrastructure.

The project’s implementation will help to encourage investment activity, address top-priority objectives of the region’s socio-economic development and enhance its economic and industrial potential.