Sberbank of Russia

09/29/2021 | Press release | Distributed by Public on 09/29/2021 02:44

Sber to help realize potential of Baikal macro region

Sber, Irkutsk Region, and the Republic of Buryatia have organized a roadshow called "Baikal" presenting tourism, healthcare, science and other projects in the Baikal macro region to investors.

First Deputy Chairman of the Sberbank Executive Board Alexander Vedyakhin gave a welcome speech. Irkutsk Region Governor Igor Kobzev and Buryatia Governor Alexey Tsydenov presented the investment potential of their regions, while Sberbank's Baikalsky Bank Chair Alexander Abramkin unveiled the results of a study into the macro region's tourism potential.

The roadshow participants discussed projects aimed at the development of two special economic zones, Gates of Baikal and Baikal Harbor. The aggregate value of the projects presented at the road show exceeded RUB 50 bn.

Alexander Vedyakhin, first deputy chairman of the executive board, Sberbank:

"Irkutsk Region and the Republic of Buryatia have very friendly business environments. Their leaders are men of their word. Investing in these regions ourselves, we do know that anything the heads of these two regions talk about comes true. This is crucial when making investment decisions. Our joint efforts with the government and businesses have already helped the travel industry of the macro region to attract RUB 1.5 bn in financing. Eleven deals worth RUB 12 bn and draft deals worth RUB 40 bn are now being considered."