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Chuvash Republic

Sector: Raw Materials • Location: Russian Federation

Source: International Finance Corporation (IFC)

Project
Completed

The Chuvash Republic is a regional government in the Russian Federation located 650 km east of Moscow on the Volga River with the population of 1.3 million people. The Republic’s Gross Regional Product (GRP) is RUR60.7 billion ($2.12 billion). Industry has a large share in the GRP composition at 30.2%, while agriculture constitutes 12.5%. Machine building and metal processing dominate in industr

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The project “Chuvash Republic” is an infrastructure initiative in the Raw Materials sector, located in Russian Federation. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Original status

completed

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Description

Description

The Chuvash Republic is a regional government in the Russian Federation located 650 km east of Moscow on the Volga River with the population of 1.3 million people. The Republic’s Gross Regional Product (GRP) is RUR60.7 billion ($2.12 billion). Industry has a large share in the GRP composition at 30.2%, while agriculture constitutes 12.5%. Machine building and metal processing dominate in industrial production - in 2004 their share was 45%. The purpose of the project is to help the Republic raise long-term financing for essential infrastructure investments. The proceeds of the bond will be used to finance the Republic’s Targeted Investment Program for the calendar year 2006, which totals RUR1,433 million ($50.4 million) and includes mainly investments in water supply, housing and road construction projects. This project is the Municipal Fund’s first investment in the Russian Federation.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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