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Vnesheconombank to invest $1.5 billion into Kiev metro
19.09.2012 13:47
Vnesheconombank to invest $1.5 billion into Kiev metro

 Federal center of the project finance, the subsidiary of the State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ has won the tender of the city of Kiev (Ukraine) for investment consulting in building new stations of the city metro.



The cost of the project is estimated into $1.5 billion, reports The Kommersant. Twelve new stations of the metro are planed to be built. The metro line is supposed to connect the right and the left banks of the river Dnepr.  


Vnesheconombank is to become the key investor of the building. At that the Russian state corporation may attract its Ukrainian subsidiary Prominvestbank. Building the Kiev metro may become the largest foreign project for Vnesheconombank.


Author: Irina Fomina

Tags: Russian business Russian banks    

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