OREANDA-NEWS. The first meeting of the Working Group on Monitoring the Implementation of Joint Action Plans of Vnesheconombank and the Primorsky Territory Administration for the comprehensive development of the region’s territory for a period of 201-2018 was held om June 11, 2014 at Vnesheconombank. The meeting was chaired by Vnesheconombank Deputy Chairman – Member of the Board Sergei Vasiliev. In the attendance of the meeting was First Vice Governor AlexandrKostenko.

In the attendance of the meeting held in the format of videoconference were representatives of the government authorities of the Primorsky Territory, Vnesheconombank’s and its subsidiaries employees as well as initiators of investment projects.

The meeting’s participants discussed the results of implementing the Joint Action Plan in the 4th quarter of 2013 – the 1st quarter of 2014, the progress of considering investment projectsbeing examined at Vnesheconombank and promising projects in the Primorsky Territory.

As of today, 5 projects of the Primorsky Territory are being considered at Vnesheconombank. Their total value is 225.54 billion rubles with the Bank’s expected participation share being 215.13 billion rubles.

As of May 1, 2014, OJSC Svyaz-Bank’s credits amounted to 1.38 billion rubles, with the loan portfolio being 1.14 billion rubles.

As of April 1, 2014, OJSC VEB-Leasing concluded 11 leasing agreements worth 55.9 million rubles.

As of June 2, 2014 the regional limit set for the Primorsky Territory under the program to support small and medium-sized enterprises implemented by Vnesheconombank through its subsidiary SME-Bank was 737 million billion rubles, with unexpended balance being 434.3 million rubles.

The next meeting of the Working Group on Monitoring the Implementation of Joint Action Plans of Vnesheconombank and the Primorsky Territory Administration is to be held in the 4th quarter of 2014.

The Working Group was established in order to monitor the implementation of joint action plans of Vnesheconombank Group and supreme executive government authorities of Russia’s constituent entities. The Joint Action Plan of Vnesheconombank Group and the Primorsky Territory Administration for the comprehensive development of the Primorsky Territory for a period of 2013-2018 was approved by Vnesheconombank Chairman Vladimir Dmitriev and Governor of the Primorsky Territory Vladimir Miklushevsky in Septrember of 2013.

The Working Group is comprised of Vnesheconombank’s representatives and the Bank’s subsidiary institutions: OJSC the Export Insurance Agency of Russia, the Strategic Initiatives Agency for Promoting New Projects, the RFPI Management Company (LLC), OJSC Svyaz-Bank, CJSC GLOBEXBANK, OJSC SME Bank, VEB Capital (LLC), VEB Engineering (LLC), OJSC Federal Project Finance Center, and OJSC VEB-Leasing.