OREANDA-NEWS. Sberbank and the government of the Chukotka Autonomous Okrug signed a cooperation agreement. The agreement was signed by CEO and Chairman of the Executive Board, Herman Gref, and Governor of the Chukotka Autonomous Okrug, Roman Kopin.

The purpose of the agreement is cooperation in the financial sphere aimed at the socioeconomic development of the Chukotka Autonomous Okrug, as well as cooperation in the field of information and communication.

Areas of cooperation outlined in the agreement are cooperation on investment projects in the Chukotka Autonomous Okrug, including the development of industrial parks, agriculture, energy, communications and telecommunications, transport, increased housing construction, modernization of engineering enterprises and infrastructure development in the region.

The agreement also provides for the implementation of investment projects in high-tech industries and implementation of IT technologies. In addition, Sberbank and the local government will work together to support small and medium business in the region.

"Sberbank actively and successfully works with the Chukotka Autonomous Okrug," says Herman Gref. "The signed agreement will help fulfil the investment potential of the region.