During the St. Petersburg International Economic Forum 2019, VEB.RF’s Chairman Igor Shuvalov, DOM.RF’s CEO Alexander Plutnik and Interim Governor of Sakhalin Region Valeriy Limarenko signed an agreement on cooperation between Sakhalin Region, State Development Corporation “VEB.RF” and the Foundation of Integrated Housing Development Institution (established by DOM.RF).
The parties agreed to cooperate in addressing priority tasks of social and economic development of Sakhalin Region. The Agreement also specifies joint pilot projects. The first project is aimed at the gasification of the region’s power- and heat supply sources using the public-private partnership approach. The second one deals with the development of urban environment in Yuzhno-Sakhalinsk. The project provides for the construction of a residential block as well as social and business blocks in compliance with the standard of integrated spatial development.
“We very much appreciate the assistance of development institutions. It will enable us to transform and improve the life of thousands of Sakhalin residents, to provide them with green energy, heating, and new jobs much sooner, within just a few years. We’ll be able to minimise coal consumption, massively improve the image of the island capital, and move people to new comfortable houses,” Interim Governor of Sakhalin Region Valeriy Limarenko said.
The region’s head of administration also stressed that he was looking forward to further cooperation with development institutions and new joint projects.
VEB.RF’s Chairman Igor Shuvalov said: “This Agreement is another milestone in our cooperation with Sakhalin Region. In April, development institutions sent a team of their representatives to the region on a business mission. We discussed promising investment projects. The region has considerable potential for the municipal economy development. The Agreement sets a regulatory framework required to implement these joint plans.”
“The integrated urban development is about creating not only the prerequisites for economic growth but also a comfortable urban environment. It is an essential basis for sustainable development. The tripartite agreement will help focus on developing the region’s competitive edges and give necessary impetus to overall growth in the region,” DOM.RF’s CEO Alexander Plutnik commented.
On 23 April, development institutions’ CEOs headed by VEB.RF’s Chairman Igor Shuvalov visited Yuzhno-Sakhalinsk. They had a meeting with Interim Governor of Sakhalin Region Valeriy Limarenko and his team to discuss promising projects, in particular, in transport, power generation, healthcare, and investment in municipal and tourism infrastructure.
VEB.RF and Ulyanovsk Region to Continue Cooperation in Infrastructure Development
During the St. Petersburg International Economic Forum 2019, VEB.RF’s Chairman Igor Shuvalov and Governor of Ulyanovsk Region Sergey Morozov signed an agreement on cooperation between Ulyanovsk Region and VEB.RF. The Agreement provides for the search for and review of investment projects aiming to accomplish priority objectives of social and economic development of Ulyanovsk Region.
“VEB.RF Group has necessary expertise and instruments in place to assist regions in raising investment to modernise their infrastructure. With Ulyanovsk Region, we engage in deliveries of municipal equipment. This Agreement is to further contribute to our cooperation in building a modern urban economy,” VEB.RF’s Chairman Igor Shuvalov said.
“Currently, Ulyanovsk Region implements a number of projects aimed at urban improvement, development of heat supply facilities and full-service maintenance of traffic system. Consequently, this Agreement is pivotal for our region’s development. We have a good track record of efficient cooperation with VEB Leasing in supplies of heating and municipal equipment, and in urban improvement. I am confident that it won’t be long before new projects come to fruition,” Governor of Ulyanovsk Region Sergey Morozov said.
Previously, VEB.RF Group represented by VEB Leasing concluded a five-year state contract for the delivery of municipal equipment. The contract provides for the supply of 98 pieces of special equipment to operate and maintain water supply networks. The first batch of equipment intended for Ulyanovsk and Dmitrovgrad has already arrived in the region. After the contract expires the equipment will become the property of Ulyanovsk Region. The amount of the contract is almost half a billion roubles.
In 2018, VEB Leasing procured a contract for the delivery of some 300 million rouble worth of boiler equipment to Ulyanovsk Region.