Andrey Beliyaninov and Boris Dubrovsky sign an agreement between the Eurasian Development Bank and the Government of Chelyabinsk Region
Today, on 21 November, Boris Dubrovsky, Governor of Chelyabinsk Region, and Andrey Beliyaninov, Chairman of the Management Board at the Eurasian Development Bank, signed a cooperation agreement between the Government of Chelyabinsk Region and the Eurasian Development Bank in Moscow. The parties agreed to jointly implement investment projects in Chelyabinsk Region.
As Boris Dubrovsky commented, the agreement lays the cornerstone for a strategic partnership between Chelyabinsk Region and the Eurasian Development Bank. The international financial institution is worthily considered as a major and reliable financial partner as it has solid experience in lending to and direct participation in large-scale investment projects.
“With you, we have achieved a new level of relationships that should be established in the form of an agreement. By doing so, we will get an opportunity to share information on projects of mutual interest in a timely manner. One of these projects is the high-speed railway between Chelyabinsk and Yekaterinburg. This project has been given serious impetus at the federal and regional levels in recent months,” Boris Dubrovsky emphasised. “Taking part in this project will be a far-sighted and wise step for a strategic investor, and we are trying to create necessary conditions for this. Another important area for investment is the project by the Silarius research and production association to build a metallurgical-grade silicon plant. It is in high demand, including abroad, and this demand is guaranteed.”
The Government of Chelyabinsk Region, on its part, will assist in implementing investment projects in the region, including those financed by the Eurasian Development Bank (EDB), and share information about the preparation and implementation of investment projects and possible support measures.
“We have signed a cooperation agreement between this Ural region and our international financial institution to implement investment projects in the region. These arrangements will not affect the competitive environment and will be fulfilled with our international commitments taken into account. We imply, in particular, the projects to construct the Chelyabinsk–Yekaterinburg high-speed railway and a silicon plant,” Andrey Beliyaninov pointed out.
The Eurasian Development Bank will take part and provide assistance in the negotiations arranged by the government in respect of joint medium and long-term investment projects; consider the possibility to finance projects proposed by the government in the framework of the EDB’s current procedures; inform the government about the investment projects the government can take part in; and interact with the government in the course of the joint financing or implementation of investment projects.