VIS GROUP AND VEB GROUP AGREE TO INVEST JOINT EFFORTS IN LAYING THE GROUNDWORK FOR PPP PROJECTS

VIS Group and the Federal Center for Project Financing (FCPF, VEB Group) signed a cooperation agreement within the framework of the St. Petersburg International Economic Forum. The parties agreed to cooperate in the preparation and implementation of investment projects aimed at creating transport and other infrastructure facilities.

“The signed agreement integrates the competencies and opportunities for applying joint efforts in public-private partnership projects. Our holding was one of the first companies in Russia to cultivate this sphere, and the acquisition of a partner as serious as the Federal Center for Project Financing will give a new impetus to Group’s investment activities,” Igor Snegurov said.  To ensure efficient interaction, the parties agreed to establish a joint workgroup.

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VIS GROUP AND EURASIAN DEVELOPMENT BANK SIGN A STRATEGIC COOPERATION AGREEMENT

The document was signed by Igor Snegurov, VIS Group Chairman of the Board of Directors and Andrey Belyaninov, Chairman of the EDB Board. The agreement regulates the principles and conditions for interaction between the parties that aim to create effective organizational and financial mechanisms for public-private partnership, development and implementation of EDB member countries’ infrastructure programs.

“The bank is committed to participating in promising public-private partnership projects and is ready to act as a multilateral financial partner supporting joint projects of the Eurasian Economic Union member countries. EDB actively participates in the integration processes in Eurasia, where the issue of co-financing large infrastructure projects is of particular importance,” Andrei Belyaninov emphasized.

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VIS GROUP LAUNCHES AN INVESTMENT PROJECT IN THE REPUBLIC OF KARELIA

VIS Group and the Republic of Karelia have agreed on joint implementation of the construction project for modern crushed stone production facility at the Bratskoye deposit in the Medvezhyegorsk municipal district. VIS Group will act as a project investor.

The project is expected to be implemented with proprietary and outside funds in the period up to 2022, with the volume of investments reaching approximately 14.5 billion rubles. In addition, the project provides for the construction of the Malyga railway station and an adjoining railroad line spanning 7.5 km.

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VIS GROUP AND THE RYAZAN OBLAST HAVE AGREED TO COOPERATE IN THE PPP SPHERE

VIS Group and the Government of the Ryazan Oblast signed an agreement on strategic public-private partnership cooperation. The document was endorsed by VIS Group Chairman of the Board of Directors Igor Snegurov and the Governor of the Ryazan Oblast Nikolai Lyubimov.

Previously, Igor Snegurov and Nikolai Lyubimov held a working meeting on the sidelines of the forum, discussing the possibilities of implementing specific projects within the transport sector. In particular, the parties agreed to create and approve the makeup of the working committee for the second and third stage of the Ryazan northern bypass construction project. The motorway may be realized on concession agreement terms.

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VIS GROUP IS COMMITTED TO IMPLEMENTING INVESTMENT PROJECTS IN THE NIZHNY NOVGOROD OBLAST

A trilateral cooperation agreement between the Government of the Nizhny Novgorod Oblast, VIS Group and the Nizhny Novgorod Regional Development Corporation was endorsed at the St. Petersburg Economic Forum. The document was signed by the Acting Governor of the Nizhny Novgorod Oblast, Chairman of the Government Gleb Nikitin, VIS Group’s Chairman of the Board of Directors Igor Snegurov and CEO of the Nizhny Novgorod Oblast Development Corporation Maxim Tevs.

“VIS Group has extensive experience in creating transport and social infrastructure facilities in the Russian regions. The signing of this agreement documents the development of our partner relations, which, I am sure, will result in not merely attracting new investors to the region, but in the implementation of projects that are stimulating and essential for our region,” stated Maxim Tevs.  In the near future, the parties will exchange information and hold a series of meetings to determine the most promising areas of cooperation.

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HEAD OF THE REPUBLIC OF KOMI AND VIS GROUP CHAIRMAN OF THE BOARD OF DIRECTORS SIGN A COOPERATION AGREEMENT

The agreement defines the principles of interaction between the parties in the implementation of measures aimed at the development of the Komi Republic, technical and technological development, modernization of the material and technical base, as well as increasing the share of science-intensive high-tech industries in the republic’s economy. Engaging private investors in public-private partnership projects will become another sphere of cooperation.

Commenting on the signed agreement, the Head of the Komi Sergey Gaplikov noted, “We are signing an agreement that’s very important for the Republic of Komi. Our cooperation with VIS Group will be aimed at the development of infrastructure, industry, transport communications within the PPP framework, as well as at the construction of socially significant facilities. I am confident that our interaction will benefit the republic, increase its investment attractiveness, draw in new private investments and contribute to the social and economic development of our region.”

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COOPERATION AGREEMENT WITH KEMEROVO OBLAST SIGNED

Igor Snegurov noted that the Kemerovo region has outstanding potential and opportunities for infrastructure development, therefore it is of great interest to VIS Group. The signed agreement marks the beginning of work in specific sectors and identification of priority investment projects that can be implemented in the coming years. 

«The conclusion of the agreement with VIS Group is a great opportunity for small and medium-sized Kuzbass businesses to realize their projects. The high-quality infrastructure increases the investment attractiveness of Kuzbass as a whole in a significant manner. I am convinced that cooperation with VIS will contribute to the dynamic growth in the integration of forces of the Kemerovo Oblast Administration and active investors. Thanks to these joint efforts, we can continue to develop the mono-dependent areas of the Kuzbass,» said Kemerovo Oblast Deputy Governor for Investment and Innovation Stanislav Cherdantsev.

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A WORKING MEETING WAS HELD WITH THE GOVERNOR OF THE LENINGRAD OBLAST ALEXANDER DROZDENKO

The parties discussed the possibilities of cooperation in the implementation of cross-border projects, including airport infrastructure, bypass roads and interchange nodes in the region. The creation of transport infrastructure based on public-private partnership principles is one of VIS Group’s main business directions.

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VIS GROUP CHAIRMAN OF THE BOARD OF DIRECTORS HELD A MEETING WITH THE GOVERNOR OF THE ROSTOV OBLAST ON THE FORUM VENUE

The topic of discussion were the opportunities for implementing investment projects in the region. Representatives of the Group talked about the most promising areas of cooperation for the creation and modernization of infrastructure, the accumulated experience and competencies in the field of public-private partnership.

The parties discussed specific projects in the social and transport sphere, which can be implemented through PPP mechanisms. The parties discussed promising social and transport projects that could be implemented through PPP mechanisms. One of the potential joint projects may be the construction of a new modern building of the central city hospital in Rostov-on-Don.

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