WEB.The Russian Federation has provided 376 million rubles of concessional financing for the Birobidzhan street lighting modernization project. This is stated in the message of the Web.
The work is carried out under the Far Eastern Concession program. As a result, the illumination of streets in the regional center will increase from 36 to 92%, courtyard areas from 0 to 100%, and the share of energy-efficient lighting will increase from 40% to 100%. In total, as part of the financing of the VEB project.The Russian Federation will provide 729 million rubles, including concessional financing to VEB.The Russian Federation through the Ministry of the Far East Development in the amount of 376 million rubles.
The State Development Corporation "VEB. Russian Federation" (Vnesheconombank State Corporation) (TIN 7750004150) was established on the basis of the Federal Law of the Russian Federation "On the Development Bank" through the reorganization of Vnesheconombank of the USSR in 2007. Vnesheconombank is one of the development institutions whose activities are aimed at eliminating infrastructural constraints on economic growth, increasing the efficiency of natural resource use, developing high-tech industries, unlocking the innovative and productive potential of small and medium-sized businesses, and supporting the export of industrial products and services.
