The Supervisory Board of VEB.The Russian Federation considered the participation of the state corporation in financing 2 new investment projects in gas chemistry and port infrastructure using the "Project Financing Factory" mechanism. The meeting took place on the sidelines of the congress of the Russian Union of Industrialists and Entrepreneurs. This is stated in the message of the WEB.RF.
WEB.The Russian Federation will finance the construction of the Lavna deep-water port in Murmansk, which is being implemented by the State Transport Leasing Company (STLC). Its support is planned within the framework of the Project Financing Factory in partnership with a commercial bank.
The total cost of the project is about 78.5 billion rubles.. Syndicated loan from financial institutions — up to 52.9 billion rubles, including 12.9 billion rubles from VEB.RF.
In 2023, the WEB.The Russian Federation has already provided 4 billion rubles as part of a preferential financing mechanism implemented jointly with the Ministry of Regional Development of Russia.
Over 500 new jobs will be created within the framework of the project.
The Lavna deepwater port is one of the key infrastructure projects for the reorientation of Russia's foreign trade. It provides navigation of export cargoes along the Northern Sea Route. VEB and its partners will finance the construction of a specialized coal terminal with a capacity of 18 million tons within the framework of the Project Financing Factory program. The project is being implemented on the principles of public-private partnership and will have a positive impact on the socio-economic development of the Russian Arctic."
The Lavna port is an anchor project for the integrated development of the Murmansk transport hub, the key advantage of which is the availability of direct access to neutral waters.
The State Development Corporation VEB.RF (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, improving the efficiency of natural resources 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.
