Medvedev: Zapsibneftechim project to be financed for $1.75 bln from NWF

The total investment into the project will make up $9.5 bln. D. Medvedev said that as a result of the construction of a new complex up to 15 thousand new jobs will be created.

The Government of Russia approved the issue of $1.75 bln from the NWF for Sibur’s project of Zapsibneftechim, D. Medvedev said.

Sibur’s own funds will make up $4.45 bln, the funds of the Russia direct investment funds, co-investors and banks - $3.3 bln, the funds of NWF – $1.75 bln.

The co-investment of the NWF is planned in the framework o the quota of the funds.

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