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The Krasnodar Region

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13.02.2009

The ways of cooperation of authority and business

In Krasnodar region together with the Foreign trade and investment bank it to be created the regional centre of the state-private partnership. Its main task to be co-financing of infrastructure projects on the territory of the region. 

Such statement was made on the meeting in the regional administration with the representatives of the Foreign trade and investment bank and the heads of executive authorities of the region which was led by the Vice-Head of the region Alexey Agafonov.

The Head of Krasnodar region Alexander Tkachev set the task - to use all levers of power to stimulate development of the regional economy and increase investment appeal of the region.

However underdevelopment of an engineering infrastructure is the main deterrent for realisation on the territory of the region of variety of perspective projects. Investors are ready to use our platforms, - but only with ready engineering infrastructure.

- Today under hard economic conditions, the state-private partnership is capable to become a productive form of co-operation of authorities and business, - the Vice-Had of the region Alexey Agafonov underlined.

Certainly, development of infrastructure objects is always interfaced with high expenses. But it is necessary to solve these problems, because just development of infrastructure directly provides economic growth. Therefore for decision of these problems the authorities involves private business and come with it in partner relations. For the businessmen the partnership with the authorities means decrease in long-term risks of business dealing.

The director of the Center of state-private partnership of the Foreign trade and investment bank Alexander Bazhenov reminded participants of meeting, that this project is not social charity of business:

- We put before ourselves a problem to create mechanisms of financing of infrastructural projects at the expense of off-budget means. Under the conditions of crisis stability of demand from the state is the major tool of decrease in risks of investments and strengthening of trust of the credit organisations. Thus, projects of state-private partnership appear competitive for attraction of investors.

In the nearest future the region to develop a mechanisms of activity of the regional Center of state-private partnership and to present "portfolio" of the projects planned to realise.

Department of Investments and Project Support of the Krasnodar Region