OREANDA-NEWS. December 10, 2013. Russian Agricultural Bank held a round table “Investment potential of the Republic of Karelia”. Dmitry Patsushev, Chairman of the Board and CEO of Russian Agricultural Bank, and Alexander Khudilainen, Head of the Republic of Karelia, took part in the meeting.

The round table was also attended by RusAg’s and regional ministries’ management, and over 30 investors.

The round table was organized in the Bank’s premises as an opportunity for the Republic’s administration to present Karelia’s economic potential in detail, speak about current investment projects and touch upon issues related to financing certain industries of the regional economy. Karelia has significant resources for developing agribusiness, forestry and fishery industries and is one of most attractive regions of the North-Western Russia in terms of investments.

The presentation generated active interest on the part of entrepreneurs. The participants noted that most discussed projects possess significant development potential, in the first place, in forestry and fishery industry.

Russian Agricultural Bank and Karelia are long-standing partners. The Bank has provided financial support for implementation of 17 large investment projects in the region in agribusiness and related industries with total lending exceeding RUB 1.2 billion.

Besides taking part in new agribusiness projects, the Bank is ready to invest in construction of infrastructure in processing, power, transport industries, and shopping facilities.