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NALCHIK, May 2. The authorities of Ingushetia will sign four cooperation agreements with banks, an SME corporation and an investor in the production of wastewater treatment plants at the first Caucasian investment exhibition taking place in Mineralnye Vody , said the press service of the head of the region.
The Caucasian Investment Exhibition will be held on May 3-4 at the MinvodyExpo exhibition center in Mineralnye Vody. The opening day of the exhibition is May 2.
«The Republic of Ingushetia will sign agreements with Sberbank, Promsvyazbank, SME Corporation and Investstroyproekt LLC at the Caucasus Investment Exhibition. Their signing will be an important step in developing business and infrastructure in Republic,» the statement said.
It is noted that the agreement with Sberbank involves cooperation in the field of sustainable development and the application of ESG practices — this is the regulation of environmental impact, social responsibility, corporate management standards.
«Under the agreement with PJSC Promsvyazbank, it is planned to develop and introduce modern banking technologies in Ingushetia, implement socially significant and other infrastructure projects, programs for the introduction of a non-cash form of payment of wages,» the publication specifies.
According to the press service, the plans for cooperation with the SME Corporation relate to joint work to expand the opportunities for entrepreneurs to receive state support, in particular, to attract financing under concessional lending programs, guarantee support for participants in the National Guarantee System, and preferential equipment leasing.
«As part of cooperation with Investstroyproekt LLC, it is planned to create an enterprise for the production of treatment facilities in the region. The investor intends to invest 100 million rubles to implement the project, and the republic will provide him with the necessary support,» the press service explained.
«The signing of these agreements demonstrates a high level of confidence in the investment potential of Ingushetia and confirms the republic's desire for economic development and the creation of favorable conditions for business,» said the head of the region, Mahmud-Ali Kalimatov.