Background

IBEC develops cooperation with Bashkortostan

Denis Ivanov, Chairman of the Board of the International Bank for Economic Co-operation, took part in the opening ceremony of the Ufa International Airport new terminal and in the meeting dedicated to the development of air transportation in the Volga Federal District of the Russian Federation. As a result of the implementation of the project worth 3 billion rubles, the total area and capacity of the air terminal complex of domestic air lines has doubled, the engineering and logistics infrastructure has been updated.

According to the General Director of the airport, Alexander Andreev, the building is equipped with all the necessary equipment – bridges, baggage handling complexes, information systems and fully complies with international standards. “Launching of the new building will allow solving a whole range of problems related to the development of the airport. This is an increase in the number of passengers, introduction of modern engineering and technical solutions, optimization in the work of various services, – said Alexander Andreev. “As a result, we will be able to serve more than 4 million people a year, of which 2 million are on domestic flights. At the same time, the configuration of the building will allow further modernization of the air terminal”.

IBEC financed the reconstruction of the air terminal complex of the international airport "Ufa", providing a loan in the amount of 600 million rubles. The development of regional air traffic is an important element in solving the socio-economic problems of many Russian regions. IBEC pays significant attention to this area, having in its portfolio a number of projects aimed at supporting regional aviation.

As part of the event, Denis Ivanov discussed with the Prime Minister of the Republic of Bashkortostan, Andrey Nazarov, IBEC participation in financing a number of significant regional projects. Cooperation perspectives between IBEC and the Republic of Bashkortostan were also discussed at the meeting between Denis Ivanov and Minister of Finance Lira Igtisamova, held in the House of Government of the Republic. The parties reached the agreements on a wider attraction of the Bank's resources to the Republic's economy. During the negotiations, Ms. Igtisamova highly appreciated the participation of IBEC in the reconstruction of the air terminal complex of the “Ufa” airport domestic air lines and expressed confidence in further fruitful cooperation.

 

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