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Commercial Bank to finance construction of energy center in Chukotka - EastRussia | Far East

Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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A commercial bank will finance the construction of an energy center in Chukotka

A commercial bank will finance the construction of an energy center in Chukotka
Photo: chukotka.rf

The Government of Chukotka and VTB Bank signed a cooperation agreement. One of the first transactions was the financing of the design, construction and commissioning of an energy center in the city of Bilibino. It will replace the capacity of the Bilibino NPP, which will be decommissioned in 2023.

According to the press service of the district government, the agreement also aims to implement major investment projects in the field of mining, construction of new infrastructure and modernization of existing ones. Particular attention will be paid to expanding the list of banking services offered to various categories of the population.

VTB also plans to open an operations office in Anadyr. This will provide residents with modern banking services, including individual conditions for mortgage products, consumer and car loans. The parties signed the agreement on the sidelines of the annual investment forum “Russia is Calling!”.