InfraWEB is a participant in the project of construction of the Trans–Urals railway branch "Sibai — Podolsk — Novorudnaya"

AK&M 29 May 2023 12:20

The Sibai — Podolsk — Novorudnaya railway line is a project that will ensure the industrial development of the region, will be implemented with the participation of a subsidiary of VEB.RF – InfraWEB. The railway, which is important for the development of the Trans-Urals economy, will provide access to industrial facilities. In addition, the project will increase the transport mobility of the population and will contribute to the emergence of new jobs. This is stated in the message of VEB.RF.

The agreement on cooperation in the development of the Sibai— Podolsk— Novorudnaya railway line was signed between the Ministry of Transport and Road Management of the Republic and VEB Infrastructure Joint Stock Company on the sidelines of the V All-Russian Investment Sabantuy "Trans-Urals-2023".

The task of the InfraWEB at this stage of the project is to substantiate the feasibility of its implementation and to select the optimal state support measures necessary to attract extra-budgetary sources of its financing.

The State Development Corporation "VEB.RF" (State Corporation "Vnesheconombank") (TIN 7750004150) was established on the basis of the Federal Law of the Russian Federation "On the Development Bank" through the reorganization in 2007 of Vnesheconombank of the USSR. Vnesheconombank is one of the development institutions whose activities are aimed at eliminating infrastructural constraints of economic growth, improving the efficiency of natural resources use, developing high-tech industries, unlocking the innovative and productive potential of small and medium-sized businesses, supporting the export of industrial products and services.