00:0017 апреля 199800:00
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00:0017 апреля 1998
The entire $100m raised by the Leningrad oblast through it's eurobond will be offered in loans to finance local investment projects.
<BR>The entire $100m raised by the Leningrad oblast through it's eurobond will be offered in loans to finance local investment projects.<BR>Grigory Dvas, chairman of the Economy and Investment Committee, announced that immediately after the bond is issued, investment projects will be invited from all types of business, probably in the early summer. <BR>75% of the eurobond will go towards financing investment projects, while 25% will be spent on the oblast gas supply network.<BR>Businesses applying for investment must be prepared to raise half of the required sum themselves and prove that the money loaned can be returned, while the oblast administration promise to keep interest rates to a minimum. Special support will be available for projects in run-down areas of the city. Gregory Dvas beleives that the project will start to bring serious companies into the oblast.
