VEB.RF and Moscow Region Government to Promote Integrated Development of Moscow Region Urban Infrastructure
During the St. Petersburg International Economic Forum 2019, VEB.RF’s Chairman Igor Shuvalov and Governor of Moscow Region Andrey Vorobiev signed a cooperation agreement. The parties agreed to cooperate in addressing priority tasks of social and economic development of the region. The agreement specifies promoting integrated urban development of Moscow Region. The parties will jointly implement investment projects and promote the development of industrial, traffic, energy, utility and social infrastructure in the region. The agreement was concluded for a period of five years.
VEB.RF’s Chairman Igor Shuvalov said: “Modern urban economy is high on the agenda of the team of development institutions. We are accumulating the best international and domestic experience of investment, urban development, infrastructure modernisation and export encouragement. We are willing to closely cooperate with Moscow Region, one of the most dynamic regions in the country.”
During the St. Petersburg International Economic Forum 2019, VEB.RF’s Chairman Igor Shuvalov and Governor of Tver Region Igor Rudenia signed a cooperation agreement. The agreement will allow the region to upgrade its transport infrastructure. Tver Region intends to establish a public company responsible for passenger traffic. The region is willing to renew urban passenger transport and is elaborating projects to deliver modern trams and buses with the use of leasing mechanisms. Tver is also considering renovation of the tram network. The first stage of the project stipulates the introduction of a new passenger traffic model in Tver urban agglomeration.
VEB.RF’s Chairman Igor Shuvalov said: “With its favourable geographic location, Tver Region has considerable potential for raising investment, and may become one of the most dynamic regions in Central Federal District. Together with the Governor’s team, we are scrutinising other investment projects that may give a new impetus to Tver Region’s development.”
Tver Region’s Governor Igor Rudenia commented: “Cooperation with a state corporation is an excellent opportunity to find an optimal financial solution for projects. In the medium term, we expect to create a public transport system in Tver urban agglomeration fully compliant with the relevant safety and comfort standards and satisfying human and corporate needs.”
In May 2019, the development institutions team headed by Igor Shuvalov was in Tver Region on a business mission. During the visit, the team analysed existing and proposed investment projects in tourism and timber processing, and a project aimed at renovating the Morozovsky Gorodok historical and architectural complex in Tver.