Translation. Region: Russian Federal
Source: Moscow Government – Government of Moscow –
At the XXVIII St. Petersburg International Economic Forum, the Moscow Government and Gazprombank signed an agreement on interaction and development of cooperation in the implementation of integrated territorial development projects (ITD). This was reported by the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy Vladislav Ovchinsky.
One of the key tasks of interaction between the capital and representatives of the banking community is to increase the availability of credit products and expand the range of instruments for financing KRT projects that are implemented by attracted investors.
“The demand for bank financing of projects and provision of bank guarantees increases annually. And now one of the largest universal banks in Russia, Gazprombank, has become the city’s partner. This gives capital and regional developers another incentive to participate in the implementation of integrated territorial development projects and the creation of a comfortable urban environment in Moscow. The partnership will allow us to develop working mechanisms for more effective implementation of KRT projects. The agreement between the capital and the bank was signed for 10 years,” noted Vladislav Ovchinsky.
Deputy Chairman of the Management Board of Gazprombank Alexey Belous added that the bank supports the initiatives of the capital’s Government and the efforts of businesses aimed at developing Moscow, creating new jobs and improving the standard of living of Muscovites. The city has enormous potential for implementing KRT projects. Gazprombank’s experience and scale of business allow it to effectively engage in the development of complex and large-scale city projects.
According to the program of integrated development of territories, multifunctional city blocks are being created, where roads, comfortable housing and all necessary infrastructure are being designed on the site of former industrial zones and inefficiently used areas. Currently, 302 KRT projects with a total area of about 4.2 thousand hectares are at various stages of development and implementation in Moscow. This work is being carried out on behalf of Sergei Sobyanin.
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