OREANDA-NEWS. In the course of the 12th International Investment Forum Sochi-2013 Vnesheconombank and the Governments of the Astrakhan and Rostov regions approved Joint Action Plans for the Comprehensive Development of the Territories for a Period of 2013-2018.

On behalf of Vnesheconombank the Plans were signed by Chairman Vladimir Dmitriev, on behalf the Astrakhan region Government - by Governor Alexandr Zhilkin and on behalf of the Rostov region Government - by Governor Vasily Golubev.

Under the Plans the parties intend to cooperate in raising funds to finance investment projects to be implemented among other things on the terms of public private partnership, work out mechanisms for their implementation and cooperate in preparing project evaluations. Under the Plans Vnesheconombank, the Government of the Astrakhan and Rostov regions would assist in enhancing the development of small and medium-sized enterprises, industrial parks and clusters on their territories.

The Astrakhan region Government plans to submit 21 projects worth more than 30.5 billion rubles to consideration by Vnesheconombank Group. Top priority is to be given to projects in innovations, agro-industrial, tourist-recreational complexes.

In its turn the Rostov region Government plans to submit 24 projects worth more than 112.9 billion rubles to consideration by Vnesheconombank Group. Top priority is to be given to projects on creating agro-industrial and industrial complexes.

The parties are convinced that the Plans' implementation would stimulate investment activity, address high priority objectives of the regions' socio-economic development and enhance their economic and industrial potential.